Sharp Trade Whitepaper
  • Introduction
  • Platform Overview
  • Sharp Predictions
    • Predictions Details
    • Token Selection
    • Predictions Size
    • $freeUSD
    • Claiming Your Wins
    • Priority Fees
    • Streaks! Maximize Your Earnings.
    • Live Chat
    • Leaderboard
  • Sharp Options
    • Options Basic
    • Options Strategies
    • Sharp Options Overview
    • Options Lifecycle & Exercise
  • Sharp Trade on Eclipse
  • Referral Program
  • Sharp XP
  • Powered by Pyth
  • Official Links
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  1. Sharp Predictions

Priority Fees

This is how you ensure that your predictions are actually accepted!

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Last updated 7 months ago

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With the increasing adaptation and use of the Solana chain, it may happen that the blockchain is "congested" and not all transactions can be processed. Although these problems have been addressed in Spring 2024, the feature is of course still there!

In this case, you can increase the priority fees in the settings.

Although this increases the chances of a transaction being processed, it does not guarantee that your transaction will land 100%. From a certain threshold value, it is irrelevant whether you pay 0.01 SOL or 10 SOL as a priority fee, as Solana still has room for improvement in this area. So don't pay too much!

If you are generally interested in priority fees, read more about it at:

https://www.helius.dev/blog/solana-fees-in-theory-and-practice
Choose between Low, Medium, High or set your own fee
Solana is no ghostchain pal! Check the network status here:
Top right corner...
https://explorer.solana.com/