Collators aggregate parachain transactions block candidates and producing state transition proofs for validators based on those blocks.

Kilt is digital identity solution powered by Polkadot Relay chain.

KILT holders own and govern the protocol.

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Kilt

# Kilt Revenue Methodology

## 1. Overview

Revenue measures the total value captured by Kilt Chain from transaction fees. This metric reflects the portion of fees retained by the protocol, including both base transaction fees and tips paid by users to prioritize their transactions. Revenue is calculated as 100% of the total fees collected on the network, representing the protocol's take rate before any distribution to network participants or operational costs.

## 2. Data sources

- **Blockchain events**: `TransactionFeePaid` events from Kilt Chain
- **External data**: End-of-day price feeds for the native asset

## 3. Step-by-step calculation

### Component A: Transaction fee extraction

- **Purpose**: Captures the total fee value paid by users for transaction execution on Kilt Chain.
- **Logic**: `TransactionFeePaid` events are parsed from Kilt Chain. The base transaction fee and the tip amount are extracted from the event data payload. Both components are summed for each successful transaction to determine the total fee value paid in the native asset.
- **Key fields**: `amount` (base transaction cost), `tip` (user-added priority payment).

### Component B: Normalization and USD conversion

- **Purpose**: Standardizes native fee values into USD for reporting and cross-chain comparison.
- **Logic**: Total fees and tips are aggregated by day using UTC boundaries. All amounts are normalized by decimal precision and multiplied by end-of-day price feeds for the native asset. Revenue is calculated as 100% of the total transaction fees, reflecting that no portion is diverted to supply-side participants before being accounted for as protocol revenue.
- **Key fields**: `block_timestamp` (timing), `fees` (sum of base amount and tip).

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

fees * take_rate (illustrative — revenue is observed directly per project, not derived from take_rate)

Fee revenue retained after supply-side payouts. Before cost of revenue (e.g. L2 DA fees) and before operating expenses.

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Revenue

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