The new fees to “unshield” ether and withdraw it off the incognito platform are extremely high. I just went to do a test withdrawal and the estimated fee was about 0.029 ETH, or $75, and gas prices are pretty low at the moment.
Is this actually how expensive it is expected to be long term? During times of high congestion, or if ETH goes up in price significantly, this cost could easily 3x. I personally will not be using this platform to shield ETH if these fees can’t be lowered.
I also like to do test transactions with small values to ensure I have the address correct and everything is right before sending large amounts. With a 75 dollar fee, a test transaction is a massive expense and no longer feasible.
How do other people feel about this?