Optimize CIS-5 smart contract for cheaper transaction fees. #452
Description
Currently a CIS-2 token (or CCD) transfer to a CIS-5 account/public key costs ~15+ CCDs. Same as withdrawing and depositing. Considering as the contract state grows, the fee will be higher, we may find a way soon or a strategy to minimize the fee as much as possible.
Since one subsidizer will cover all this cost, a dapp producing 10k transactions/month will have to pay with the current price of CCD (0.003) = 10.000 x 0.003 x 15 = 450$
An online tool to test: https://cis5-smart-wallet-contract-dapp.vercel.app/wallet
Sample transaction: e1f4c826464a232de1b14cd54a96117208f9608160e9cd43e7ba8af19a73e313
Contract: <9736, 0>