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.
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