SpontiacB

joined 1 year ago

Can someone tell me why the fees to transfer to L2 have been so crazy high the past few weeks? in c/loopring@blockchained.world

[–] SpontiacB@alien.top 1 points 11 months ago (1 children)

Can you do that with USDC instead of ETH?

Been getting 0.002 daily earnings but yesterday I saw a significant jump can anyone explain why pls? Isit just the amount that's in the pot? in c/loopring@blockchained.world

[–] SpontiacB@alien.top 1 points 1 year ago

This.

The staking rewards are just a piece of the trading revenue.

Given the fees are a few pennies per transaction, we need high volume to increase rewards.

With the recent crypto rush, volume has increased and therefore so have our rewards.