Gas Recoveries
Understanding Gas Fee Recoveries with Blink
Introduction to Ethereum Gas Fees
Ethereum transactions necessitate the payment of gas fees, which are divided into two primary components:
Base Fee: A mandatory charge determined by the network, fluctuating with demand to regulate transaction inclusion in a block.
Priority Fee: An optional extra payment to validators / builders as an incentive for faster transaction processing.
How Blink Recovers Priority Fees
Blink currently processes 5% of Ethereum transactions & works closely with block builders responsible for including transactions in Ethereum blocks. Leveraging this scale along with our platform along the transaction lifecycle enables Blink to recover a portion of the "Priority Fees" without impacting latency.
Originators
Whether "Gas Recoveries" is relevant for your state updates will depend on the nature of your transactions. Please contact us on contact@blinklabs.xyz for more information.
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