2/
For a solid 3 weeks #StepN has been earning between 65 and 105 ETH on a daily basis.
On 11/08/2022 there was a major drop. I don't know why this was the case (sneaker floor price dropped drastically?)
Currently daily earnings are around +/- 1.5 ETH
For a solid 3 weeks #StepN has been earning between 65 and 105 ETH on a daily basis.
On 11/08/2022 there was a major drop. I don't know why this was the case (sneaker floor price dropped drastically?)
Currently daily earnings are around +/- 1.5 ETH
3/
Translating the previous chart to $USDC shows that #StepN was earning +/- $100,000 daily in the first 3 weeks after launch (with spikes to $150,000 daily).
The current daily earnings are between $2,500 and $5,000.
Translating the previous chart to $USDC shows that #StepN was earning +/- $100,000 daily in the first 3 weeks after launch (with spikes to $150,000 daily).
The current daily earnings are between $2,500 and $5,000.
4/
The chart below shows the in & outflow of #ETH from the fee wallet.
#ETH was taken from the wallet in only 3 different occasions.
I've assumed that all #ETH leaving the wallet is sent to an exchange and swapped for #USDC in the same day. This is important for the last chart
The chart below shows the in & outflow of #ETH from the fee wallet.
#ETH was taken from the wallet in only 3 different occasions.
I've assumed that all #ETH leaving the wallet is sent to an exchange and swapped for #USDC in the same day. This is important for the last chart
5/
#GMT earnings
We'd almost forget that minting scrolls used to cost #GMT when purchased from the in-app marketplace (no longer the case).
A total of 567,776 #GMT was earned in Q3 and none of it was sold or send out.
#GMT earnings
We'd almost forget that minting scrolls used to cost #GMT when purchased from the in-app marketplace (no longer the case).
A total of 567,776 #GMT was earned in Q3 and none of it was sold or send out.
6/
Overview
Bringing all previous charts together shows that the #GMT earnings are of much more importance than they used to be for the #Solana side of things (
In total $3,648,430 was made in fees from #ETH realm in Q3 so far.
Overview
Bringing all previous charts together shows that the #GMT earnings are of much more importance than they used to be for the #Solana side of things (
https://twitter.com/CryptoEdgar_/status/1566433614971142146).
In total $3,648,430 was made in fees from #ETH realm in Q3 so far.
7/
I hope you've found this thread helpful.
What other takeaways do you guys have from fees earned on #Ethereum?
Follow me @CryptoEdgar_ for more.
Like/Retweet the first tweet below if you can:
I hope you've found this thread helpful.
What other takeaways do you guys have from fees earned on #Ethereum?
Follow me @CryptoEdgar_ for more.
Like/Retweet the first tweet below if you can:
https://twitter.com/CryptoEdgar_/status/1570638631769088001
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