The percentage of miner revenue derived from fees that day. This is equal to the fees divided by the miner revenue.
|FeeRevPct||Fees and revenue||Fees||Percentage||Dimensionless||1 day|
Computed as 100 * FeeTotNtv / RevNtv
Released in the 1.0 release of NDP
For blockchains aiming to retain a limited supply by weaning themselves off an issuance-based validator subsidy, fees are expected to be a critical part of the long-term security model. This metric gives you an indication of how prepared a blockchain is to transition from an issuance-based compensation model for validators to a fee-based model.
|Asset||Available in Community tier||Available in Pro tier|