Hidden Collective Factors as drivers of Blockchain Ecosystems

    Today we are evailuatuing the Ronin and Solana Blockchains (as well as Near). Lets think about that for a second. Ronin is a self procrlaimed gaming chain. Gaming is inimately fied with the financial well being of the blockchain. Much of the finacial applications have been build with the ease and facility of gamers in mind. We would there for predict that the gaming community would have an outsized importance on Ronin. We know this is obvious and true, but how do we prove it true. How can we prove that the gaming communities on Ronin are fundamental in supporting the functioning of that blockchain?

    Lets begin by going back to a throw-away point i made earlier about the fixed transaction fees on Solana. What are the implications? The Table above, shows the stats on Star ATlas's successfl and rigerous on-chain economic program SAGE - Starbased this program is filled with various economic game loops which are piviotal for proving the future of on-chain gaming. This tables show a summary of non-Star Atlas based fee's faced by the players, as well as their mitigation to those fees. This is the first lesson in block chain economics. Never ever view any issue as one-sided.

    Of the 3988 wallets that interacted with SAGE over the past three months, 835 of those same wallets acted as Delegators in Native Staking. Okay why is that important? Well it means that roughly 25% of the players were somewhat insulated from impact and effect of Solana Transaction Fees. That's an insurance policy. How bad could it get? Lets dig deeper. There is no-way my dollar figure is correct but players spent a shit ton on solana tx fees (even in terms of SOL). How did this happen?

    Cost of Web3 Integration = Transactions x Price x Number of Players
    Simple, But Fundamental.

    what do we care about in this situtation. What are we comparing?

    -- Several Oiunts wirth mentionshing here. Validator revenue is clearly not guarabteed. Consider that

    Validator Revenue is not detrmined primarily by technical apects but rather by structural and macro fctors. Thats why we take the macro approach.

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    The share of total fees column is perhaps the most number we can analyize. Right now with Pumpfun and priority fees meme coin token speculation is driving a substaintial portion of fees collected on solana. Is that a dirty secret i dont know.

    https://flipsidecrypto.xyz/studio/queries/c581e351-081b-42fe-9096-e8c2687a6e67

    for a validator, because./ What we have clearly identified is that despite being well known like Magic Eden and Tensor, it doesn't necessary correlate with the profitability thar validators realize.

    Akthough some companies are well known and very proftable such as Magic Eden this doesn't automatically gaurabtee their contributions to validator revenue. Although Mafic Edens users and bots did conribute 6,500$ to validators last month/

    'DttWaMuVvTiduZRnguLF7jNxTgiMBZ1hyAumKUiL2KRL' -- JitoTip7 Account? Why?

    https://www.jito.network/stats/

    Tips? MEV? what does it all mean?

    people are probably paying priority fees on pump fun.

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    This is a huge one obviously:

    https://flipsidecrypto.xyz/cryptodaily911/gaming-to-defi-user-journey-analysis.-ck8s_Z

    citation: https://flipsidecrypto.xyz/MostlyData_/sandwiches-on-solana-oEkMtY

    Pumpfun Deeper Analysis
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    Jito-Tips Analysis
    Summary of Jito-Tips: Who Pays them, Who Earns Them
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    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.