How does the storage fee work?

The storage fee is taken on the basis of how much time the gold token has been held in order to be as just as possible with a “pay per usage”.

  • Wallets are debited automatically of their storage fees and users can see their available balances
  • Upon sending or receiving transactions, a storage fee is calculated and taken for the time lapsed since the last transaction timestamp.
  • For the case of accounts that only rarely transact, a function will allow to loop over accounts subtracting the pending storage fee and resetting their timestamp of the last transaction

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