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2 changes: 1 addition & 1 deletion docs/concepts/cycles.md
Original file line number Diff line number Diff line change
Expand Up @@ -77,7 +77,7 @@ These responsibilities can be automated. Tools like [CycleOps](https://cycleops.

The XDR peg and flat per-resource pricing make ICP costs predictable:

- **No fee auctions**: there is no bidding for block space. Cycle prices are set by the NNS and change infrequently.
- **No surge pricing**: cycle prices are set by the [NNS](../concepts/governance.md) (ICP's on-chain governance system) and change infrequently. There are no congestion fees.
- **No per-transaction fees for users**: apps absorb all costs, like SaaS businesses absorb server bills.
- **Stable unit economics**: because cycles are pegged to XDR (not ICP price), infrastructure costs remain consistent even when ICP token price swings.

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