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

Mythos is a specialized gaming blockchain powered by Polkadot Relay chain.

MYTH holders own and govern the protocol.

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Mythos

# Mythos Earnings Methodology

## 1. Overview

Mythos earnings represents the net financial performance of the Mythos DAO by calculating the difference between revenue and expenses. Revenue comes from transaction fees collected on the Mythos blockchain, while expenses consist of token incentives paid to staking validators. The metric follows the formula: earnings = revenue - expenses, providing insight into the DAO's operational profitability.

## 2. Data sources

- **Mythos blockchain event logs**: Structured event data from the Mythos blockchain capturing all on-chain activities including transaction processing, staking operations, and marketplace activities
- **Transaction fee events**: `TransactionFeePaid` events from the Mythos Substrate containing fee amounts and tips paid for transaction processing  
- **Staking reward events**: `StakingRewardReceived` events from the collatorStaking pallet recording validator reward distributions
- **Marketplace trading events**: `OrderExecuted` events from marketplace pallet and `Trade` events from dmarket pallet capturing trading activity and associated fees
- **End-of-day price feeds**: CoinGecko price data for MYTH token to enable USD conversion of native token amounts

## 3. Step-by-step calculation

### Component A: Revenue calculation
- **Purpose**: Calculate total revenue earned by the Mythos DAO from blockchain operations
- **Logic**: Extract transaction fee data from Mythos Substrate `TransactionFeePaid` events, parsing JSON event data to retrieve fee amounts and tips. Convert amounts from wei (18 decimal places) to whole MYTH tokens by dividing by 1e18. Aggregate daily totals of fees and tips combined. Marketplace and dmarket trading fees are explicitly excluded from DAO revenue as these belong to Mythical company rather than the DAO. Convert daily MYTH token totals to USD using end-of-day CoinGecko price feeds with the 'mythos' identifier
- **Key fields**: `amount` (base transaction fee), `tip` (additional validator tip), `block_timestamp` (transaction timing), `event_data` (JSON array containing fee parameters)

### Component B: Expenses calculation  
- **Purpose**: Calculate total expenses incurred by the Mythos DAO in the form of staking rewards
- **Logic**: Extract staking reward data from collatorStaking pallet `StakingRewardReceived` events, parsing JSON event data to retrieve reward amounts. Convert amounts from wei to whole MYTH tokens by dividing by 1e18. Aggregate daily totals of all staking rewards distributed to validators. Convert daily MYTH token totals to USD using end-of-day CoinGecko price feeds with the 'mythos' identifier
- **Key fields**: `amount` (staking reward amount), `block_timestamp` (reward timing), `event_data` (JSON array containing reward parameters)

### Final aggregation
- **Combining components**: Revenue consists only of Mythos Substrate transaction fees, as marketplace and dmarket fees are set to zero for DAO calculations. Expenses consist entirely of staking rewards converted to USD
- **Currency conversion**: All MYTH token amounts are converted to USD using end-of-day CoinGecko price feeds, with conversion applied after daily aggregation but before final metric calculation  
- **Time aggregation**: Daily boundaries are established using timestamp truncation, with all events grouped by calendar day
- **Final calculation**: Apply the earnings formula by subtracting total daily expenses from total daily revenue, resulting in net earnings that can be positive (profit) or negative (loss) depending on whether transaction fee revenue exceeds staking reward expenses

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

Net profit (also profits, net income, profitability) — revenue remaining after subtracting expenses.

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