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The Optimism Collective scales Ethereum's technology and values.
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EIP-4844 impact on the Superchain: Influx of new users driving activity on @base
The Ecotone upgrade activated 4844 on the Superchain from day 1, cutting transaction costs ~99%.
Has this resulted in any material impact for the OP stack family of chains?
A quick analysis of @base post-4844:
→ Lower transaction fees attracted new users who primarily engaging in activities like DEX trading (eg., Uniswap) & NFT mints
→ Newly acquired users were less engaged and wallets often dropped off after three months onchain. This shows that not only do we need to "build it and they will come", after they come, we also need to build new applications so that new users can always do things onchain.
The Ecotone upgrade activated 4844 on the Superchain from day 1, cutting transaction costs ~99%.
Has this resulted in any material impact for the OP stack family of chains?
A quick analysis of @base post-4844:
→ Lower transaction fees attracted new users who primarily engaging in activities like DEX trading (eg., Uniswap) & NFT mints
→ Newly acquired users were less engaged and wallets often dropped off after three months onchain. This shows that not only do we need to "build it and they will come", after they come, we also need to build new applications so that new users can always do things onchain.
The Superchain sequencer revenue contributes to Retro Funding. In May, contributions coming from all Superchain members amount to ~812ETH.
Aside from the OP Collective allocation, the pool of Retro Funding comes from 2 main sources:
1️⃣ 100% of OP Mainnet profit
2️⃣ The higher of each Superchain member's either 2.5% sequencer revenue or 15% of sequencer profit
Collective contribution in numbers:
- May is on pace to finish with a total OP Collective contribution of ~812 ETH from OP Mainnet @modenetwork @ourZORA @base @Metal_L2 @fraxfinance
- Average daily OP Collective contribution = 27 ETH/day
As an onchain builder who deploys contracts on the Superchain, you are contributing revenue to the OP Collective, and contributing to Retro Funding.
Learn more about Retro Funding 4 eligibility here:
https://t.co/uOb9O4JQST
More details on Retro Funding applications here:
Aside from the OP Collective allocation, the pool of Retro Funding comes from 2 main sources:
1️⃣ 100% of OP Mainnet profit
2️⃣ The higher of each Superchain member's either 2.5% sequencer revenue or 15% of sequencer profit
Collective contribution in numbers:
- May is on pace to finish with a total OP Collective contribution of ~812 ETH from OP Mainnet @modenetwork @ourZORA @base @Metal_L2 @fraxfinance
- Average daily OP Collective contribution = 27 ETH/day
As an onchain builder who deploys contracts on the Superchain, you are contributing revenue to the OP Collective, and contributing to Retro Funding.
Learn more about Retro Funding 4 eligibility here:
https://t.co/uOb9O4JQST
More details on Retro Funding applications here:
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