A quick data point: At noon on Nov 13, $LISTA Lista DAO’s protocol revenue over the past 24 hours was $57,000, about 3.8 times the usual amount.
My take: Protocol revenue is what the project keeps after paying LPs. An increase means business was genuinely good that day. I’ll check back in a few days to see whether this becomes the norm. Saving this for a later review.
My take: Protocol revenue is what the project keeps after paying LPs. An increase means business was genuinely good that day. I’ll check back in a few days to see whether this becomes the norm. Saving this for a later review.