Yuga Labs' Otherdeed mint went live yesterday, leading to enhanced demand and sky-high gas fees.
BAYC’s Otherside: Nearly $200M Gas Burnt in Hours, ApeCoin Crashes 30%Yuga Labs’ Otherdeed mint went live yesterday, leading to enhanced demand and sky-high gas fees.
it will be used to purchase virtual land. Somewhat expectedly, APE charted an all-time high just a few days before Yuga Labs’ sale went live. Will Papper, the co-founder of Syndicate DAO, said the contract had “nearly zero gas optimizations” and provided a few “tricks” that could have “saved many millions.”
Why? You can just grab the data off-chain on the front-end and pass it into smart contracts instead! Every front-end is able to handle this easily.Yuga Labs also addressed the event, noting that the mint was “so large that Etherscan crashed” and apologizing for “turning off the lights on Ethereum for a while.”
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