Will I still be liable for the network fee on a congested DeFi network?

Asked 2 years ago

Yesterday I tried to stake VVS but the DeFi network was so congested that I waited for ages for something to happen and nothing ever did. Will I still be liable for the network fee?

Geovanni Mcfarland

Wednesday, March 23, 2022

DeFi congestion happens when the demand for DeFi transactions surpasses the underlying blockchain capacity. Each blockchain has a block limit on the number of transactions recorded. When the number exceeds the limit, transaction creators have two options: increase their gas fee or allow more time to process their transactions. Therefore, the gas fee you will incur on a congested network will depend on your choice.

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