Fees

Currently, Telos Zero transactions have no fees. Telos Zero fees are set by block producers and voted by token holders.

EVM transactions will have a fee model similar to the native Ethereum gas model. The Ethereum account needs to have TLOS token to pay for the transaction. Telos EVM fees are expected to be < 0.1% of Ethereum gas fees for identical transactions.

The table provides a summary of four mainstream blockchains with its respective pricing (fees) model.

Blockchain	Fee model
Telos	Free on Zero & minimal on tEVM, settable by governance
Ethereum	Very high ($30 for a token transfer)
Binance Smart Chain	Dictated by Binance
Polygon	?

At the time of writing this document, the fee model for Polygon could not be established.