snowbridge
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Fees too expensive
It's currently using identity fee for xcm:
type Trader = UsingComponents<IdentityFee<Balance>, RococoLocation, AccountId, Balances, ()>;
This is likely to mean the same fees as the relay chain. In all likelyhood parachains don't need as high fees.
https://github.com/paritytech/cumulus/issues/920 - we noticed this on statemint. Encointer have also recently tweaked their code to not use IdentityFee<Balance>
. I suspect snowbridge wants to do the same.
Thanks! We're actually busy looking at fee structures for XCM at the moment - @vgeddes will you look into this/incorporate it into our XCM fee plans
@vgeddes @musnit yes, maybe better to use weightToFee instead