jesse.base.eth 🔵
@jessepollak
how would you measure onchain GDP if you were asked?
29 replies
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Sid
@sidshekhar
Sum up and normalize the USD value of all "economic activity" on a given chain (or set of chains) for a given time period: - Token transfers and payments - DeFi actions (lending, borrowing, trading) - NFT mints, buys/sells - Staking + farming rewards - On-chain service fees + gas costs
1 reply
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BrixBountyFarm 🎩
@brixbounty
this is a good attempt, yet I don't think this would realistically gauge production - we don't look at all the $ transfers in a given economy to gauge production. giga brains way more versed than myself might come up with something, yet I don't know what it would be.
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