Transaction Fees

    How many transaction fees are being paid out each day for the past 30 days? Does a certain type of transaction result in a greater amount of fees being collected?

    Introduction:

    Transaction fees are paid by any user to post a transaction on the chain. The fee amount is determined by the computation and storage costs of the transaction. Minimum gas costs are determined by the proposer of a block in which the transaction is included. This transaction fee is distributed to OSMO stakers on the network.

    In this bounty, the transaction fees being paid out each day are investigated for the past 30 days.

    After that, by joining osmosis.core.fact_msgs table on osmosis.core.fact_transactions table, the type of transactions that cause higher fees are determined.

    The results demonstrate the mentioned analysis.

    How many transaction fees are being paid out each day for the past 30 days? Does a certain type of transaction result in a greater amount of fees being collected?

    Hint: Look at the msg_types of transactions to determine what type of transaction results in the most collected fees.

    For payment, submit the address of your Osmosis wallet.

    The number of transactions and collected fees are shown in the daily basis.

    As shown both of the number of transactions and collected fee are experienced their maximum level on May 12, 2022.

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    This donut chart demonstrate the transaction types with most fee collected.

    As shown, massage type stands in the first rank with 36% of fees and coin_received takes the second rank with 15.6% of fees.

    Also, other types of transactions and their shares are shown in this chart, respectively.

    The collected fee and type of transactions shown in this bar chart. In this chart, the types of transactions are arranged based on collected fees.