At the moment I am writing this, the transaction fees to send USDC to another wallet is absolutely ridiculous and higher than Ether transaction fees. What I earned in providing liquidity will be totally erased and then some. Is this temporary or can I expect this to continue? If this continues this is a deal breaker, with privacy competition heating up with high quality choices with significantly less transaction fees, I may never use Incognito again.
Please search the forum for others who have made the exact same posts as you.
Thank you for posting this–it’s a known issue and many of us hope this can be solved with a BSC bridge, more efficient coding, or some other solution by the end of the year.
I was able to work around it somewhat by exchanging for btc first then sending. I hope you guys are able to figure this out because I do want to support efforts such Incognito. Thanks.