Robinhood Makes $816K, Pays ETH Just $1.5K: Lubin Defends Ethereum L1 Value
Covered by 2 sources · 2 articles
2 outlets - including Tronweekly and Cryptotimes - are covering this story. The Robinhood Chain project has shed new light on the Ethereum revenue generated by Layer 2 blockchains. The latest statistics revealed a significant gap between user fees and Ethereum’s revenues. User fees exceeded $800,000, whereas Ethere…
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Robinhood Chain Earns $816K, ETH Gets 0.15% as Lubin Defends Ethereum L1
The Robinhood Chain project has shed new light on the Ethereum revenue generated by Layer 2 blockchains. The latest statistics revealed a significant gap between user fees and Ethereum’s revenues. User fees exceeded $800,000, whereas Ethere…
Robinhood Makes $816K, Pays ETH Just $1.5K: Lubin Defends Ethereum L1 Value
A newly released fee audit reveals that while the surging Robinhood Chain pulled in $816,000 in user execution revenue, it paid out just $1,538 in layer-1 settlement fees, prompting an aggressive industry defense of Ethereum's long-term eco…