Offchain Labs and Solana Co-Founders Debate Robinhood Chain Fee ModelOffchain Labs co-founder...

Offchain Labs and Solana Co-Founders Debate Robinhood Chain Fee ModelOffchain Labs co-founder Steven Goldfeder and Solana co-founder Anatoly Yakovenko debated Robinhood Chain’s fee model. Yakovenko said the 10% revenue share paid to Arbitrum would have been enough to cover Solana transaction fees four times over, allowing Robinhood to offer users a fully gasless experience.Goldfeder called that a “ridiculous take,” saying Robinhood keeps about 90% of gas fees on Arbitrum, whereas on Solana it would retain none of the base-layer fees and would have to subsidize user fees out of pocket. “Robinhood chose Arbitrum so they could be a landlord and not a tenant,” he wrote.Yakovenko argued that Robinhood could charge users at the frontend while lowering costs by using a cheaper backend. Goldfeder replied that most of the fees are generated by activity that does not pass through Robinhood’s frontend. If Robinhood were merely a tenant on another chain, he said, it would capture none of that ancillary activity, even if it had brought those users there.

Source: Wu Blockchain