Bankless ROLLUP: LooksRare Airdrop | Fees.WTF | Inflation | PayPal Stablecoin | Top Shots Ban
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Jan 14, 2022 Dive into the latest crypto trends as the hosts discuss the LooksRare airdrop and its competition with OpenSea. They analyze the surge in Uniswapâs revenues and the brave rise of the Brave browser, now with 50 million users. With inflation on the rise and the launch of PayPalâs stablecoin, the conversation touches on the evolving dynamics of Ethereum and Bitcoin. They also humorously reflect on the challenges of balancing traditional finance with digital assets, all while navigating the engaging world of NFTs.
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ETH Fundamentals
- Etherâs fundamentals are strong due to the upcoming merge and record ETH burn.
- This makes ETH a deflationary asset, unlike other blockchains.
Top Gas Consumers
- Uniswap and OpenSea are the top ETH gas consumers, showing DeFi and NFT dominance.
- OpenSea's gas consumption surged in the latter half of 2021.
EIP-1559 Visualized
- EIP-1559 makes ETH a productive asset by burning transaction fees.
- These fees are distributed to all ETH holders, democratizing value.