I was surprised today when I went to migrate one of my POAPs to mainnet that there is now a 0.1 ETH fee associated with it. To be clear, I think this is a smart place for POAP to potentially generate some revenue, so I’m not opposed to the fee itself, but I did think it was high.
I’ve only ever migrated one POAP before, and it was a “gas only” transaction then.
I would be curious to hear about background on this. I have no data, but personally a 0.01 ETH fee would be fine to me, but 0.1 ETH is a big jump. It made me wonder how many do migrate, and if there might be more than 10x demand at 1/10th the price.
At 0.1 ETH I don’t think I will ever migrate a POAP. At 0.01 ETH I would still consider migrating special POAPs, and I would be happy that the ETH is going to POAP to run the organization.