) merge, layer-2 blockchains have been catching the eyes of users and investors alike. Research firm Delphi Digital has been tracking Arbitrum since August and recently shared its analysis in a monthly market report.
According to data, user behavior and historical analysis show multiple trends of rapid growth in transactions, total value locked and daily active users at Arbitrum-based platforms.When projects give away more token incentives than the revenue they incur, they have negative earnings. Token incentives that are higher than fees a protocol receives areOver the last 30 days, Arbitrum has earned $1 million in fees, a 134.41% increase.
In order for a protocol to receive revenue and earnings, they need daily active users. The daily active users transacting and interacting with Arbitrum is how fees increase. Over the past 30 days, Arbitrum witnessed user growth double to more than 70,000 but more recently user count is back to under 30,000.Optimism is another blockchain protocol that is similar to Arbitrum but doesn’t have a token.
Can you direct us to a good how - to tutorial for GMX? thanks