Adjusting Arbitrum’s Gas Fees

[swmartin]

@Entropy

As a rough exercise, we applied various L2 minimum base fees via a Dune query to simulate what sequencer revenue would have been since Atlas went live on March 18th. The DAO would have profited an extra 427 ETH @ 0.02 gwei minimum base fee, 1760 ETH @ 0.05, and 4016 ETH @ 0.1. The nuances around Arbitrum’s fee mechanism likely render this backtest as a loose approximation, and we would like to see more thorough analysis brought forth from the broader community before we attempt to submit an executable proposal to the forum.

This is taken from the original discussion post, but please note these are very rough estimates.