Were you able to fix the issue by depositing DAI in your Metamask wallet? I am having the same issue and I am not proceeding with Alchemix until I can figure out how to get normal gas fees.
Gas Fee to borrow too high! Is this right?
I have the exact same issue. Tried borrowing 62 tokens and the gas fees say that it would cost 2200 eth!
I know where to change the gas fees but where can you see the correct amount of Gwei on the Gasnow.org site?
Guys, if metamask suggests absurd transaction fees then you're trying to do something that you can't do; i.e. borrow more than you're eligible to, depositing more than you have in your wallet and so on. It's a warning by metamask telling you that your transaction will fail should you execute it. There's nothing wrong with the gas fees, there's nothing wrong with the contract and it's functions. Please double check on your end that you're not trying to do something you can't.
n4n0 I have tried many was until finally decided to swap and stake ALCX. I was unable to borrow on Alchemix, gas fee was 1k in order to borrow 1k. So there is an issue with metamask, just do not know how to adjust it.
When i go to edit setting for gas fee, then trying to borrow goes idle.
Love this porject, but would love more if i could borrow and not only Farm. If someone helps us with this issue, for sure i will bring money to vault and borrow a load. + Farm
At the time of writing there's literally below 1 alUSD mintable. If you try to mint 250 of those it'll just fail. That's why the transaction cost will be so high as metamask is trying to tell you that what you're trying to do won't work.
The alETH vault currently shows that there is over 1700 alETH that can borrowed and when I to borrow some.
The gas fees are off the charts.
Based on previous posts, does this mean that the amount of actual alETH available is not properly reflected in the UI?
HAd the exact same issue all day - borrowing ~$2500 of AlETH (before it was stopped as mentioned by n4n0) - Gas fees of $500-600 quoted by metamask
How did you solve that JRG? Thanks
Is the gas fee still extremely high?
I am trying to deposit about 1000 DAI to Alchemix. But the transaction fee is about $900. Can this be correct or am I doing something wrong?
Thanks, Manfred