Fees on Namada
In order to settle the market for Namada blockspace demand, fees are coupled with transactions. In order for any namada transaction to be considered valid, the correct corresponding fee must be paid. All fees are paid in the native token NAM. The exact fee is set by governance.
How fees are paid
Fees on Namada are paid by the implicit address corresponding to the
--signer of the transaction. This means that in the transaction
namada client transfer \ --source my-new-acc \ --target validator-1 \ --token NAM \ --amount 10 \ --signer my-key
the account associated with
my-key will be required to pay the fee. This means that even though
my-new-account may have a positive NAM balance,
my-key will need to have the associated NAM in order to pay the transaction fee.
For testnet purposes, we recommend using the faucet to source NAM for transaction fees.