AIP: Raise the gas target, min L2 base fee, & implement improvements to the pricing algorithm

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I believe raising the base fee to 0.02 makes a lot of sense. Fees on L2s are already extremely low, and in most cases users won’t even notice the difference. Arbitrum’s monthly revenue is currently way behind Base, and I love to see us experiment with new, low risk, ways to compete. If the change doesn’t work out the way we hope, we can always roll it back.


Revenue comparison from Grow the Pie

I think the 2 year special permissions are reasonable to add flexibility for playing with those parameters and find the best solution for users and mostly developers for the spikes experienced.
For the node operators, it’s true that increasing the hardware requirement could make it a bit harder for running nodes. But in reality, how many people are running nodes? I don’t think this adjustment will have a significant impact on reducing the number of node runners in any practical sense… The people who are incentivized to run nodes for their own purposes, will make it work IMO.

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