New ERC-20 tokens available for payout
Posted: Thu Jun 03, 2021 10:03 am
Steven is pleased to announce that he just added seven new ERC-20 tokens to Prohashing's payout options. The new coins are Uniswap, Aave, Compound, Polygon, Graph, WrappedBitcoin, and YearnFinance. Many of these coins are De-Fi tokens that were added in the spirit of ToeKneeGee's request for interest-bearing coins.
These coins are also immediately available for Coinbase payouts without fees and no minimums.
We're also glad to announce that we lowered the free payout threshold for Ethereum from $10,000 to $2,000, given that fees on the Ethereum network have dramatically declined. ERC-20 token payouts, which use more complicated contracts, are somewhere from $3,000 to $5,000. The minimum payout thresholds have also been lowered to 20% of their original values, or about $1.00 for standard ETH, since the network is now charging about 36 cents in gas costs.
These coins are also immediately available for Coinbase payouts without fees and no minimums.
We're also glad to announce that we lowered the free payout threshold for Ethereum from $10,000 to $2,000, given that fees on the Ethereum network have dramatically declined. ERC-20 token payouts, which use more complicated contracts, are somewhere from $3,000 to $5,000. The minimum payout thresholds have also been lowered to 20% of their original values, or about $1.00 for standard ETH, since the network is now charging about 36 cents in gas costs.