the metrics I have chosen:
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Total Transactions: (20%) Fundamental metrics to evaluate the activity, health, and performance of a blockchain or network, offering insights into user engagement, economic activity, and overall network dynamics.
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Logscale Gas Fees: (26%) Logscale Gas Fees provide a more effective way to visualize and analyze gas fees, especially when dealing with widely varying data, enabling better insights and decision-making.
Example:
- Linear Scale: If gas fees range from 1 to 10,000 Gwei, a linear scale might compress most data points at the lower end, making it difficult to see variations among smaller values.
- Logarithmic Scale: The same range represented on a logarithmic scale (e.g., base 10) would spread data points more evenly, allowing for better visibility of variations across the entire range.
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Interactions from Trusted Optimism Users: (18%) Users who are considered “trusted” have usually passed verification or have a good reputation in the community, indicating a higher level of trust in the ecosystem.
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Trusted Optimism Users’ Share of Total Interactions: (24%) Metrics that help understand the contribution and impact of users considered trusted in the Optimism ecosystem, which can ultimately affect network quality and reliability.
5.User Onboarded : (12%) create a positive user experience and long-term engagement.
Metrics I do not like:
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Logscale Total Transaction: Refers to the representation of the total number of transactions occurring on the network in a logarithmic scale and concerns about potential spam transaction activities.
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Recurring Address: Spam potential.
I added a 2.6 multiplier to the Open Source Project funding this time.
Tools that are very helpful in this RF4:
1. Github
2. Retrolist
3. Pairwise By @Griff Pairwise is LIVE! We invite you to signal in Retro Funding 4
4. OSS