Nic Carter's 'Public Blockchain Fee Cyclicality & Negative Feedback Loops' – Read By David

Published on August 5, 2021

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Nic Carter’s ‘Public Blockchain Fee Cyclicality & Negative Feedback Loops’ – Read By David

Article here:
https://medium.com/@nic__carter/public-blockchain-fee-cyclicality-and-negative-feedback-loops-1620141a8a87

Nic releases a piece focusing on the cyclical nature of fees in public blockchains. The cyclical pattern goes as such:

Transactions count increase – fees go up – transaction costs increases – transaction count decreases – fees go down – transactions increase

This has HUGE implications to the DeFi ecosystem, because a lot of DeFi protocols like Uniswap and Yearn run on fees! So this means that various DeFi protocols should also experience a cyclicality in revenue!


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Public Blockchains Are Governed By

Public Blockchains Are Governed By, Nic Carter's 'Public Blockchain Fee Cyclicality & Negative Feedback Loops' – Read By David.

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