Understanding Revenue
Revenue = Total Gas Spent = Fees
The rise and fall of Total Gas Spent is the barometer of the utilization rate of its blockspace resources. Generally speaking, the more users that use Base, the greater the cumulative Total Gas Spent will be.
Since the Total Gas Spent is also the revenue earned by the sequencer, trading Total Gas Spent represents a unique way of betting on the fundamental growth of an ecosystem, without interacting with the platform’s governance tokens, and in this case, Base doesn’t have a token.
How weight distribution of fees affects Base Revenue:
Source: Alkimiya Base Gas Market
Updated 3 months ago
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