Timeboost has only been live for 4 weeks and is already contributing to Arbitrum’s long term sustainability!
It’s generated $443,000 USD for the DAO vs $1.1m from all sources in the last 4 weeks. Interest is high with $775,000 USD committed to the auction contract. Utilization is super high with 99.4% of auctions seeing bids.
Timeboost transactions now make up 6.4% of all Arbitrum blocks and 3.1% of all transactions. Price discovery is happening with 99.7% of auctions in the last 2 weeks having multiple bidders and 11 unique winners of the express lane so far.
Check out the onchain data here: https://dune.com/entropy_advisors/arbitrum-timeboost. What do you think about Timeboost so far and its future for Arbitrum? $ARB
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