Robinhood has announced it is lowering the gas fee subsidy threshold on Robinhood Chain from $5 to $0.5, a 90% cut. The change applies to Robinhood Wallet and is designed to further reduce on-chain trading costs for users. With the new threshold, more users executing Swap trades will be able to benefit from the gas fee subsidy. The subsidy program is set to continue until September 29.
Robinhood said it is cutting the gas fee subsidy threshold on Robinhood Chain from $5 to $0.5, a 90% reduction. The move is aimed at lowering on-chain trading costs for users of its Robinhood Wallet.
Following the change, a wider range of Swap trades will qualify for the gas fee subsidy. The policy is scheduled to last until September 29.
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