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FIBOS

What is the cost of acquisition and application of FOD?

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During the conversion between FOD and USDC, the conversions and transfers on the FIBOS chain are cost-free;

But transfers on the ETH chain require payment for Ethereum Gas fee.

Thus, when FOD is converted to USDC, one needs to consume some FOD to pay a small amount of Ethereum Gas fee (the contract will directly deduct from the transferred USDC). When converting from USDC to FOD, one only need to pay Gas fee for transferring USDC to the mapping address.

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