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Michael Silberling
@msilb7
Since Dencun (Mar 13), and L2s' migrations to posting blobs (Mar 13 - 15), has there been an ~actual reduction in L1 base fee prices? By "actual" I mean: Do we actually see a structural/significant difference, or might we just be seeing seasonality, natural fluctuation, etc. If yes, what % reduction have we seen?
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Michael Silberling
@msilb7
also, may need more time to tell - but could be a good topic to set up monitoring / observations for.
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Michael Silberling
@msilb7
Screenshot is from @hildobby's gas dashboard: https://dune.com/hildobby/gas
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Data Always
@dataalways
I think it's just too early to tell for now. especially with gas prices tending to fall into the weekend (but here balanced by higher price volatility). The more interesting question might be what dApp is going to replace L2 gas usage.
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Data Always
@dataalways
I think (?) the biggest gainer the past couple days has been vanilla transfers, but that could just be volatility related. I would guess DEXs will b/c they're the most gas price elastic (arbs becoming more profitable), but if volume migrates to L2s then maybe NFTs pick up the slack?
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Michael Silberling
@msilb7
Or maybe a bunch of zk proofs? The ideal user (imo) is things that need to store data with max immutability/security, but need some contract execution to do it.
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