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ICYMI: There's $135 billion worth of ETH staked across 1.1m validators.
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Over $6 billion has been bridged from Ethereum L1 to Base L2. Some see a nice trendline, others see billions of idle assets that should be put to more productive use.
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Aave currently applies a 20% take rate on fees (interest paid by borrowers). In November, borrowers on Aave paid $50m in interest --> $10m to the Aave DAO (revenue) and $40m to the lenders.
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want to make one thing clear for all who have followed this "debate" on the TL all interactions we've had with @buffalu__ and the Jito team have been 💯 & we're excited to show more Jito data on TT they're building a rocketship & with that comes public scrutiny (= who earns what, when, and how?) the TT feed is full of similar tweets re Base, Uniswap, Aave, Ethereum, etc. let's not let a tiny bit of accounting ruin the collective BUIDL momentum! onwards & upwards! 😁🫡
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🦄 @Uniswap built a product that has generated BILLIONS of $ in additional revenue to the Ethereum L1. Is UNI = ETH? No, not on Token Terminal. Maybe on some other data platform. Uniswap is a separate business with its own PnL.
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