[Enhancement]: How much will it cost to run Functions?!
Closed this issue · 3 comments
What would you like us to improve?
What's the expected cost of running Functions, ie. fetching web2 data from an API and sending it to 1 contract on 1 chain?
How many LINK? Is there a market for that? Is there a minimum DON operators will accept? How does it work?
I couldn't find anything in the documentation about this.
Also, it takes at least 5 transactions (with fees of each network) just to activate 1 function:
- Terms of service (not a feeless sign but interacting with a contract with subscription billing - misleading to call this ToS)
- Create the subscription,
- Fund it with LINK
- Add a Consumer contract
- Cancel the subscription.
Couldn't you do this in 1 or 2 transactions?!
How important it is?
Very important for any business to be able to estimate costs 😅
Hi @kopeboy
Thank you for reaching out!
What's the expected cost of running Functions, ie. fetching web2 data from an API and sending it to 1 contract on 1 chain?
How many LINK?
The billing page explains how the cost is calculated. What we will do is add an example for extra clarification.
Also, note that you can estimate the costs for your function using the Functions toolkit (SDK). Each one of the docs' guides shows you how to do so. For instance, the simple computation : See here.
Is there a market for that? Is there a minimum DON operators will accept? How does it work?
Can you please elaborate? I didn't understand your question.
Also, it takes at least 5 transactions (with fees of each network) just to activate 1 function:
Terms of service (not a feeless sign but interacting with a contract with subscription billing - misleading to call this ToS)
Create the subscription,
Fund it with LINK
Add a Consumer contract
Cancel the subscription.
Couldn't you do this in 1 or 2 transactions?!
Note that Chainlink Functions is still in Beta. This is a valuable feedback that I've just raised with the product team. Thank you for that!