Dan Smith | BWR
@smyyguy
data @BlockworksRes
ID: 424304399
https://www.blockworksresearch.com/ 29-11-2011 16:21:42
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I suggest you listen to this 0xResearch episode and follow Noah and Felipe Montealegre (IFS) podcasts.apple.com/us/podcast/0xr…
Happy migration day! Polygon | Aggregated undergoes its token migration from MATIC to POL today. Just 1% of the supply has made the move, but expect a large jump when the bridge and stake manager undergo the migration later today.
So it turns out, even after the edit, Justin Ðrake 🦇🔊's argument falls apart because the majority of Base's revenue actually doesn't come from 1559 base fees (which could be captured by a decentralized sequencer) they come from priority fees (which can't). Thanks to an anon
Dan Smith | BWR And just for more context, this is a rough view in to the top priority fee payers by chain: dune.com/oplabspbc/prio… Usually high-frequency trading bots, paying to get at the top of the block / capture some opportunity
RANDO PressieMoonBoy cobie ) ) ) ) N Gwart Priority fees capture MEV Users aren’t paying to be top of block for funsies, it’s to win arbs. 40% of total transaction fees are just priority fees to be the first tx in the block 40%, from just the first tx in every block It’s MEV