Core Users & Incentives

In the following sections, we articulate our mechanism for incentive alignment. For current Fees, please check out Fees section accordingly.

Let's assume the following fee schedule:

Users

There are four primary users - from the Stakeholders listed earlier, we refine it down to:

Buyers:

Pay Fees for Commitments or Constraints, i.e. from buying/selling gas
Their primary incentive is to either pay less fees, or get better order execution

Sellers / Validators:

Earn Rewards from Selling Gas
Their primary incentive is to increase APYs, without increasing the work involved
Their secondary incentives are varied and differ from one validator to the next

Additionally, however, we also have:

Ethereum Network:

The Network itself, that provides the incentive interface for Buyers to communicate with Validators
Primary incentive is ongoing existence with desire to grow usage, increase accessibility, and decentralization

ETHGas

The protocol itself, that provides the incentive interface for Buyers to communicate with Validators
Primary incentive is ongoing existence, and fee revenue for administering the incentive aalignment mechanics

Last updated 18 days ago