Yuga Labs Refunds All Failed Transaction Fees From Otherside Mint
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Yuga Labs Refunds All Failed Transaction Fees From Otherside Mint
Yuga Labs, the company behind Bored Ape Yacht Club, is refunding all the failed transaction fees from the Otherside mint.
We are still working on refunding all Otherdeed minters with failed transactions their gas. Note that you do not need to do anything - we will transfer it all back to your wallet and announce when it is completed. Don't click any links.
Some of the criticism directed at Otherside/Yuga came from those who had lost ETH on failed transactions during the mint, as gas spiked to record-high levels. It looks as if Yuga will refund the amount of the failed transactions directly to users' wallets.
There was commentary floating around Crypto Twitter today that Yuga could have better optimized the mint to avoid such high gas fees.
@0xmisaka pointed out that Paradigm, a web3 venture firm, has released research on NFT launch design that Yuga could have implemented for the Otherside launch.
Paradigm has at least 3 researches on fair NFT launches
Otherside : screw those “lowercase r” researches, just go with gas wars
Paradigm’s report lays out the goals of a fair NFT launch:
