πŸ›’οΈResource Model WAX

About wallet resources

WAX Blockchain is great with no transaction fees. Covering the lack of commissions is helped by the stacking system. There are three resources in the blockchain that are responsible for conducting transactions. They are used depending on the tasks in the transaction. In order to conduct transactions, a user needs to stake these resources by paying a certain amount of WAX to do so. The amount of resources that should be in the user's steak depends on the volume of his transactions. You can unstake at any time but you have to wait 3 days after an unstake to get your WAX back.

Let's understand what resources are responsible for.

The CPU is the most essential resource for a blockchain. It processes transactions and allows you to interact with all decentralized applications - buy nft and tokens, transfer them, play blockchain-based games, and much more. The more complex the transaction, the more CPUs are needed to execute it.

RAM - used to store data in the blockchain. Think of it as your RAM. The more applications you have open, the more browser tabs you have open, the more RAM is consumed. It's the same with blockchain - the more NFT and other items you store, the more RAM you need.

NET - the official article from WAX says that NET is the bandwidth of the WAX network, measured in bytes. Our team, after using the WAX blockchain for a long time, has never once encountered a NET shortage. So, from our experience, we can say that the average user does not have to worry about NET.

​It's also worth noting that the CPU is gradually recovering, so if the DApp tells you about the lack of resources, don't worry if you don't have extra WAX to steak. You can just wait a while and run transactions again!​How do you figure out how much to charge for resources? It all depends on your transactions, on their complexity, on their quantity. Over time, you'll figure out the ideal amount of staked resources. Remember that you can withdraw WAX from the stein back to your wallet at any time!​

Track the status of resources here by entering your wallet into the search. Be on the lookout at all times if you're not sure your stashed resources are enough for your next transactions. You may have decided to participate in an event such as our NFT sale. So take care of your resources beforehand.

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