Storj and ERC20 converter

[nerdatwork]

Welcome to the forum @jrnjacob !

This has been thoroughly discussed and covered in the forum. Here are some of the links. Please read through these threads.

Feb. 8 Update on SNO Payouts and High Ethereum Gas Prices

Hello Storage Node Operators, Last month in the forum, we announced the introduction of our new minimum payout threshold, wherein we won’t send a payout if the transaction fee costs more than 25% of the overall payout, in USD. This was in response to rising Ethereum gas prices and the associated impact on SNO payouts. As you likely are aware, Ethereum gas prices have continued to increase significantly. As a result, STORJ transactions are now well into double-digits worth of USD per transactio…

Minimum Threshold for Storage Node Operator Payouts

Previously, we’ve posted about—and made changes around—how we conduct Storage Node Operator payouts based on steadily increasing Ethereum transaction costs. For example, we’ve consolidated payments across Satellites to reduce the number of transactions, thereby lowering overall transaction costs. The current combination of high gas costs and high ETH value has even made consolidated payments cost prohibitive. We’ve been exploring a solution for a withdrawal-based L2 solution, but we still have …

You can also search for other threads using forum’s search feature.