Claim vs. Price

Gas costs vary wildly depending on the transaction type. A simple ERC-20 transfer will cost a lot less than a complex smart contract interaction. According to Etherscan, it costs around $30 to simply send Ethereum-based tokens. To carry out a token swap on Uniswap layer 1 or add or remove liquidity from a DeFi protocol can cost a painful $130 in gas. The driver of this gas insanity is likely to be the Ethereum Name Service (ENS) airdrop which launched on Nov. 9 and coincided with the gas spike. Up until Binance listed ENS on Nov. 10, the only way to sell them was on Uniswap, and it cost users hundreds of dollars in gas to do so. In this article, we have tried to show you the relationship between Claiming ENS Airdropped and the price of $ENS tokens. I also Check for the registration fee cost of ENS Domain and its relationship with Claiming ENS Tokens Airdropped.