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.

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.

thequietone1

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

JRG There's nothing to borrow at the moment. The debt ceiling on both alUSD and alETH are hit and need to be increased.

n4n0
I'm not sure what your driving at. I had the same problem. I had $300 USD worth of ETH that could pay for gas fees. I was trying to borrow a very small (250 alUSD) and it told me gas fees were $1017 worth of ETH. Just doesn't seem right

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.

n4n0
I understand that ... when I was trying there were over 700 alUSD available. If there aren't enough available it won't process the loan to the point where you ever get to Metamask opening up

maddogmt it's really hard to remote troubleshoot past events to be honest. All I can do is guess what could've lead to that event. But usually it's a either wrong user input, metamask doing metamask things, or something that'd legit just fail.

onEgyrl the borrowing of alETH has been put on pause temporarily as there is an ongoing issue we're resolving at the moment.

n4n0 Thank you, i have finally resolve the issue, it was issue with metamask settings.
Thank you..
All good, ALCHEMIX looks really really good.

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

I'm having the same issue, trying to deposit about 1 ETH and the gas fee is $457.14. Would someone help me understand how to make gas normal? Or, fix the metamask setting that n4n0 referenced?

@n4n0 @JRG

varsav deposit of ETH and minting of alETH is currently paused, that's why the gasfee is displayed crazy high atm.

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

Manfred Do you even have the right amount of DAI on your wallet? Because if you don't the transaction will fail and that's why the gas estimate is showing such high numbers.

n4n0 Hi, and thanks for your reply. Yes, I do have sufficient DAI in my wallet. I noticed I don't have ETH in the wallet. May this be the reason for the high fees? Could be an explanation but it's misleading.

Manfred Yes! You need ETH to pay for the transaction costs. If there's no ETH in your wallet, the transaction can not be paid for, thus will not be broadcast to the network.