Logging a data point: At noon on October 17, $RENDER Render Network BME's protocol revenue over the past 24 hours was $80,000, about 4.9 times the usual amount.
My take: protocol revenue is what the project actually keeps after paying LPs their share. An increase means business was genuinely good that day. I'll check back in a few days to see if this becomes the norm. Share your thoughts in the comments—there might be some helpful insights.
My take: protocol revenue is what the project actually keeps after paying LPs their share. An increase means business was genuinely good that day. I'll check back in a few days to see if this becomes the norm. Share your thoughts in the comments—there might be some helpful insights.