Avalanche Gas Fees
Welcome to the exciting world of Avalanche Chain and its unique gas fee structure! If you're new to the blockchain and cryptocurrency space, you may be wondering what exactly gas fees are and how they impact the use of decentralized applications (dApps) and smart contracts.
Simply put, gas fees are the transaction fees users pay to execute actions on the blockchain. In other words, every time you want to send tokens or interact with a smart contract on the Avalanche Chain, you'll need to pay a certain amount of gas fees. These fees are usually paid in $AVAX, the native token of the Avalanche Chain.
One of the most exciting aspects of Avalanche Chain's gas fee structure is its affordability and scalability. Compared to other blockchain networks, Avalanche Chain offers lightning-fast transaction speeds and low gas fees, making it an attractive option for developers and users alike.
In this dashboard, i analyzed Avalanche Gas Fees on transactions that generated by users on Avalanche contracts and dApps Since the beginning of 2023. You can change this timeframe from the Start_Date and End_Date fields at the beginning of the dashboard but first you should log in to Flipside. You can also change over time charts to weekly,monthly charts with changing day in Date field to week or month.
I gathered the data from Flipsidecrypto database and used Avalanche.core schema to gather the needed data and do my analysis. I used avalanche.core.ez_decoded_event_logs
, avalanche.core.fact_transactions
and avalanche.core.dim_labels
tables. Considered only successful transactions with tx_status = 'SUCCESS'
and filtered dApps in dApps tab with label_type = 'dapp'
.
