Ergo's Storage Rent System#
Ergo's design prioritizes long-term economic sustainability. One of the key strategies we've implemented to ensure this is the concept of storage rent. This can be likened to an 'on-chain garbage collection' mechanism that not only mitigates the issue of blockchain bloat but also turns it into a profitable venture.
Storage rent is a minimal fee levied on unspent output after a period of four years. The fee per byte is determined by the storage rent subprotocol. On average, this amounts to approximately 0.14 ERG every four years for a typical box.
For a more in-depth understanding of Ergo's storage rent system, please refer to this detailed guide.