Hi Pals !
We finally did it ! Zima was launched a few days ago,
If you have missed it, you can check it out here (it's still minting) at highlight.xyz/zima
Today I show you Why I paid almost $3,000 to put Zima onchain, and how YOU can pay twice less !
What I did (AKA "What not to do")
Zima NFTs are a combination of:
code poems (text)
talismans (images, the heaviest files)
So I focused on reducing image size the most 👾
(you can try compressing your image using the squoosh.app made by Google)
Remember, I even used AI ✨ to make the images smaller in one of my previous articles !
But I hit a wall, I had 83 files to upload,
At that scale even $20/image is expensive ( 83 x $20 = $1,660 already !).
Also, at some point you can't compress images any further, it starts losing meaning. 😶🌫
...
But wait, let's step back...
WHY do I have to pay $20 again ?
WTF is Gas ?
Gas on Ethereum is like Gas for your car (Surprise, Surprise ! 🤣)
Travel from Vegas to LA ? you'll need 40 Liters.
At 3$/Liter that's $130 for the trip !
Ethereum transactions are the same...
but there's only one Gas station,
and you don't pay with dollars, you pay with ETH !
(specifically gwei, where 1 gwei = 0.000000001 ETH)
Like in real life, the price of gas is not constant (FAR from it) !
This year, you can see gas prices fluctuated A LOT, in fact in March it spiked at almost 100 gwei (10 TIMES more than today)
Even worse,
this week if you had transacted on Wednesday you would have paid 6 TIMES MORE than on Sunday ! 😱
See, I deployed at 11 Gwei (I completely forgot that gas is cheaper on weekends!)
Don't make this mistake, you should:
Plan in Advance: Estimate the overall cost of your deployment
Use a script: Set a target gas price, for ex. 3 gwei → And send the transaction only when gas prices fall below it 😃
I could have saved THOUSANDS of dollars ! 🥶
If you enjoyed this,
Please go check out the Zima mint page
And share the work on Twitter !
See you next week ! ✌
Nahiko
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