Base

1/ TL;DR of higher fees on @base (+ what we're doing):

- we shipped 4844 and reduced L1 DA costs to ~0
- lower fees induced >5x more demand
- our gas target is relatively low (~2.5 mgas/s)
- so blocks are above target -> fees are rising

lower fees is our P0, and we are on it

PSA: @base is seeing way high demand and increased fees

positive update coming later today from core team - full plan below

base.org | Collects ≤ $5 of creator coins to support artists · Not financial advice wallet.coinbase.com/purchases-disclaimer

PSA: @base.base.eth is seeing way high demand and increased fees

positive update coming later today from core team - full plan below 

https://warpcast.com/jessepollak/0x95aa6f75

sappy seals showed up and maxed out base fees but at least base didn’t break like cardano did when the seals showed up

cc: @wab

Certified /rad
⟐ Asking questions in /how & /why

PIXL

chain literally died for 12 hours when a seal deriv minted on there kek