Minimum wallet balance for claiming names

“Here is the function of initial bidding price depending on name length for Lima hardfork.”

So let’s use this table for an example… If you want to register a name that is 10 characters long, then the initial bidding price is 75025 * 10^14 aetto = 7.5 AE. This is the minimum fee/price (call it whatever but you NEED to have at least this) that you have to pay to start the auction.

And for a 32 character name the price/fee is 0.0003 AE - which is then the minimum which is what you asked for??

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