How do I adjust ZIL network fees?

When claiming your ZIL rewards or unstaking your ZIL staking deposit, you'll need to pay a network fee. ( Why?)

How do I adjust ZIL network fees?

  1. In the ZIL staking page, click Claim or Unstake.
  2. Click Set fee.

  3. Adjust the network fee using the slider. Note that the longer you accumulate your staking rewards, the higher the network fee will be. Don't set the fee too low, as it will cause the transaction to fail.

  4. Once you set the fee, click Claim or Unstake. Note that the fee can only be charged from your available balance, not your staked deposit.
  1. In the ZIL staking screen, tap Claim or Unstake.
  2. Tap Set fee.

  3. Adjust the network fee using the slider. Note that the longer you accumulate your staking rewards, the higher the network fee will be. Don't set the fee too low, as it will cause the transaction to fail.

  4. Once you set the fee, tap Claim or Unstake. Note that the fee can only be charged from your available balance, not your staked deposit.

Why do I need to pay a fee?

Note: the fee is charged by the Zilliqa blockchain, not Atomic Wallet.

The Zilliqa blockchain, just as any other, will charge you a network fee whenever you make a transaction. That's because for a transaction be included into the blockchain, it first has to be processed by miners. Miners leverage their computing power to add new transactions to the blockchain, and want to be compensated for this as well as earn some profit. 

Back when you first staked your ZIL, the blockchain created an additional deposit address for you. This address is used for your ZIL staking deposit and staking rewards. By claiming your rewards or unstaking your deposit, you're making a transaction that transfers your ZIL from your deposit address to your main address. Naturally, miners will charge you a fee to process this transaction.


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