Adjusting Arbitrum’s Gas Fees

[maxlomu]

@Entropy

The change as proposed, at 0.05 min base fee and current ETH prices, would add $0.00294 to a normal wallet to wallet transaction only in times of no congestion. We don’t believe this would impact any real user growth.

@PanteraCapital

We conducted a follow up analysis and observed that price elasticity of demand is significantly lower post-4844. This means Arbitrum users are less elastic than Lee’s study suggests.

Thanks for your analysis and proposal.
I am in support of raising the base fee on the L2 to provide a more sustainable revenue stream for the DAO.

I want to echo @JoJo - has any survey been conducted to gauge sentiment among all builders? Particularly if there is any onchain game with a high number of txs where their users might be more sensible.