$ARB Airdrop and Arbitrum's L3 Solution | Steven Goldfeder, Harry Kalodner
Empire
00:00
Is ETH the Natural Fee Token for Arbitrage?
The majority of the cost of an arbitrage transaction is actually to post the, the Ethereum. So what I mean is if your arbitrage one transaction costs you five cents, roughly three of three cents are actually just being paid to Etherum for storing data. "I think from an ecosystem alignment perspective, um, it makes a lot of sense to use ETH," says Nova founder and COO Steven Kuznetsov.
Transcript
Play full episode
