How does EIP2981 affect the value of digital currencies?

1 answers

• Dec 25, 2021 · 3 years ago
  At BYDFi, we believe that EIP2981 has the potential to revolutionize the digital currency market. By allowing fees to be paid in the native tokens of specific applications or smart contracts, it creates a more efficient and seamless user experience. Users no longer need to worry about converting their Ether to the specific token required for a transaction, which can save time and reduce friction. Additionally, this change can lead to increased liquidity for these tokens, as more users will need to acquire them to pay fees. However, it's important to note that the impact of EIP2981 on the value of digital currencies will depend on various factors, including the adoption of the proposal and the overall market conditions. While we are excited about the potential benefits of EIP2981, it's important to approach it with caution and carefully evaluate its implications.
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