Fees

Nerif Network operates on a fee-based system for executing workflows, where users pay using the native tokens of their respective blockchains. The fees are determined based on factors such as computational complexity, resource usage, and network congestion. The cost of executing a workflow consists of a fixed base fee and step-based fees, calculated separately for each step within the workflow.

Please note that the exact pricing model will be shared with the community before the mainnet launch of Nerif Network.

These fees are crucial for sustaining the network and covering infrastructure costs, including RPC nodes, server maintenance, security setup, and cloud infrastructure. They also ensure fair compensation and rewards for node operators.

Nerif Network incorporates internal contracts to facilitate smooth billing operations. Users must top up their balance within the registry contract to create and activate workflows, meeting a minimum balance requirement. During workflow execution, transactions are sent to the customer contract via the registry contract, which verifies transactions and applies fees.

Specific pricing details are determined based on metrics collected during the network's runtime, ensuring transparency and fairness. This approach ensures that the pricing structure aligns with the actual usage and costs associated with executing workflows in Nerif Network.