Hey, everyone!
Today at 1700 UTC, validators voted to update Mainnet settings to bring down rent fees, and make them fluctuate less over time.
You can see the changes detailed here: https://stellar.expert/explorer/public/protocol-history
A quick summary of what they include:
Write fees now fluctuate between 11k-12k stroops (vs the previous 10k-40k stroops)
Rent costs decreased 1.5x
The per-transaction read bytes increased to 200 KB
For more info about the governance process for updating Soroban settings, see: https://developers.stellar.org/network/core-node/admin-guide/soroban-settings
These are the same settings that were applied to Testnet a few weeks ago. Nice!
If you have any questions, feel free to ask!