Reddit Poll Results: Validator Fees & Yearly Issuance

Just watched the vid thanks for posting. I like the idea of gas fees being distributed to validators. I did some quick math, please correct me if I’m wrong.

Avg transaction volume of 2.5m per day over last 6 months. (Reference)
Current Price of ONE: $0.04

Baseline gas cost to send ONE .00063 ONE * $0.04 = $0.0000252

2,500,000 daily transactions * $0.0000252 per send = $63

$63 * 365 = $22,995

Multiplied by 10x to get better mid range price of transactions, inline with
Uniswap trades or Opensea sales. 10 * $22,995 = $229,950 per year.

This would be able to support a stipend of about $100 per month per validator. Which could go along way in supporting some of the smaller validators.

As the price goes back up though there should be a limit to gas fees distributed as rewards with the rest being burnt to reduce inflationary pressure.

what?! That would be amazing :sob::sob::clap::clap::blue_heart:

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