· 供应链分析
情况可能比我读到的更糟。你假设我们看到的是L2（Layer 2）创纪录的增长。我则基于适度+轻微增长的视角。借用 @Seungmin Jeon 的数学模型： - 所以并不显著。L2在大多数情况下几乎不在blobs（数据块）上花钱。底价机制防止了费用螺旋降至1 wei。有人分析了EIP-7918：当L1基础费为1 gwei时，底价每天增加约0.32 ETH的blob销毁量。底价是L1基础费的1/16，相对于1 wei有意义，但绝对值依然极小。 - Base的L1数据成本增加39%，从每笔交易$0.0000015升至$0.0000021。PeerDAS增加了8倍的blob容量。 供应扩张而押注需求并非保证的销毁飞轮，L2总是可以优化绕过DA（数据可用性）销毁。更多容量 -> L2围绕其优化 -> 费用维持在底价 -> 销毁保持最低。
So it might be even worse from what I've read. You're going under the assumption we're seeing record levels of L2 growth. I'm going under the lens we see modest + slight growth. Just using someone else's math @ Seungmin Jeon - So not meaningfully. l2s currently spend almost no money on blobs in most situations. The floor prevents the spiral to 1 wei. Someone else did an analysis on EIP-7918: the floor adds ~0.32 ETH/day in blob burns when L1 base fee is 1 gwei. The floor is 1/16th of L1 base fee, meaningful relative to 1 wei, but still tiny in absolute terms. - A 39% increase on Base's L1 data cost takes it from $0.0000015 to $0.0000021 per tx. PeerDAS adds 8x blob capacity. Supply expanding while betting on demand isn't guaranteed burn flywheel, L2s can always optimize around DA burn. more capacity ->L2s optimize around it -> fees stay at floor- > burn stays minimal.