ME News reports that on September 6 (UTC+8), Steven Goldfeder, co-founder of Offchain Labs, responded to comments by Solana co-founder Anatoly Yakovenko (Toly) regarding Robinhood Chain’s fees, stating that under the Arbitrum architecture, Robinhood can retain 90% of gas fees; whereas, if Robinhood chose Solana, it would generate no revenue from gas fees and would have to bear the full cost if subsidizing user transactions. He emphasized that Robinhood chose Arbitrum precisely because they wanted to be “landlords,” not “tenants.” In response, Solana co-founder Anatoly Yakovenko countered that Robinhood could charge fees at the application frontend while using a lower-cost underlying network; Goldfeder replied that a significant amount of on-chain activity does not pass through Robinhood’s frontend, and if Robinhood were merely a “tenant” of the underlying network, it would miss out on revenue generated by these peripheral activities. Previously, Solana co-founder Anatoly Yakovenko (Toly) posted on X that the 10% revenue share Robinhood Chain pays to Arbitrum could cover approximately four times the transaction fees on Solana during the same period, and if this revenue were used to subsidize user transactions, Robinhood Chain could even offer users a completely gas-free experience. (Source: ODAILY)
Offchain Labs Co-Founder: Robinhood Can Retain 90% of Gas Fees on Arbitrum
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Steven Goldfeder of Offchain Labs said Robinhood can retain 90% of gas fees on Arbitrum, unlike the zero income it generates on Solana. He noted that Robinhood acts as a "landlord" on Arbitrum, not a "tenant." Anatoly Yakovenko argued that fees could be charged through Robinhood’s frontend on a cheaper layer. Goldfeder countered that much on-chain activity bypasses the frontend, limiting Solana’s revenue potential. As risk-on assets gain momentum, Bitcoin’s role as a hedge against inflation remains a key focus for institutional investors.
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