Avalanche will be compatible with EIP-1559

TokenInsight news, Avalanche will perform the third phase of the Apricot upgrade activation on August 24, 10 a.m. EDT. The details of this upgrade are as follows: 1. All nodes must be upgraded to AvalancheGo>=v1.5.0; 2. C chain transaction fees can be reduced by up to 66%; 3. Gas fee will be dynamically calculated using Moderato algorithm; 4. Avalanche will be compatible with EIP-1559.