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Julie B.
@bbjubjub.eth
I want to know what on earth people are doing on Mainnet that sends gas this high. I check gas guzzlers on Etherscan, Uniswap at 14%, then USDT. Doesn't look out of the ordinary. Let's check Uniswap analytics then. ETH-with-stablecoin pools doing $ 2.5B volume a week. Am I missing something? Is that it?
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xh3b4sd ↑
@xh3b4sd.eth
It's mostly MEV I think. And I don't mean frontrunning necessarily. Where there is liquidity there is a market to be made. I would bet that gas consumption is exponentially linked to price volatility, with spikes around liquidation levels.
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Julie B.
@bbjubjub.eth
Jared is sitting at 1%. That could confirm it?
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