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

Unique Network is a blockchain specialized for NFTs powered by Polkadot Relay chain.

UNQ holders own and govern the protocol. Unique Network’s investors include Outlier Ventures, Animoca Brands, etc.

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Unique Network

# Unique Network Revenue Methodology

## 1. Overview

UniqueNetwork revenue represents the total fees collected from both Layer 1 (L1) treasury operations and Layer 2 (L2) EVM transactions on the UniqueNetwork blockchain. This metric captures the protocol's fee-based income from network usage, including both native parachain operations that contribute to the treasury and EVM-compatible smart contract executions. The calculation combines fees from two distinct revenue streams and converts them to USD for reporting.

## 2. Data sources

The calculation relies on several key data sources:
- **UniqueNetwork blockchain events**: Raw event logs from the UniqueNetwork parachain containing treasury deposits, EVM executions, and balance changes
- **Treasury deposit events**: Specific events where fees are deposited into the network treasury from various protocol operations
- **EVM execution events**: Events triggered when EVM-compatible transactions are executed on UniqueNetwork's EVM layer
- **Balance change events**: Withdrawal and deposit events that track fee payments during EVM transactions
- **Account mapping data**: Conversion logic between UniqueNetwork's native parachain account format and EVM-compatible addresses
- **End-of-day price feeds**: CoinGecko price data for the UNQ token to enable USD conversion

## 3. Step-by-step calculation

### Component A: L1 treasury fees
- **Purpose**: Captures fees collected by UniqueNetwork's treasury from various L1 parachain operations
- **Logic**: The system identifies all successful treasury deposit events from UniqueNetwork blockchain events where the `event_pallet` is `treasury` and `event_method` is `Deposit`. These events represent fees collected from various network activities that flow into the protocol treasury. The fee amounts are extracted from the first element of the event data array and converted from the smallest token unit (wei equivalent) to the base UNQ token by dividing by 1e18. Only successful transactions are included to ensure accurate fee accounting.
- **Key fields**: `block_timestamp` for daily aggregation, `amount` for the fee value in native tokens, and success status for filtering

### Component B: L2 EVM transaction fees  
- **Purpose**: Calculates fees collected from EVM-compatible transactions executed on UniqueNetwork's Layer 2
- **Logic**: This component uses a more complex multi-step process. First, it identifies all EVM execution events to find transactions that used the EVM runtime. Then it matches these executions with corresponding balance withdrawal and deposit events from the same extrinsic (transaction batch). The system uses account mapping logic to convert between UniqueNetwork's native parachain account format and EVM addresses, ensuring that balance changes belong to the same user who initiated the EVM transaction. For each extrinsic, it sums all withdrawal events (positive fees) and deposit events (negative refunds) to calculate the net fee paid. These amounts are converted from wei to UNQ tokens and aggregated daily.
- **Key fields**: `extrinsic_id` for matching related events, `signer_address` for account verification, `transaction_fee` for individual fee components, and account mappings for address conversion

### Final aggregation
- **Combining components**: L1 treasury fees and L2 EVM fees are combined using a union operation, with each maintaining separate product identifiers (`uniquenetwork` for L1 and `Unique Network EVM` for L2) while sharing the same chain identifier
- **Currency conversion**: All fee amounts in UNQ tokens are converted to USD using end-of-day price feeds from CoinGecko for the `unique-network` token identifier, with conversion applied at the daily aggregation level
- **Time aggregation**: Fees are aggregated to daily boundaries using timestamp truncation, with all events within a calendar day contributing to that day's total
- **Final calculation**: The metric represents the sum of L1 treasury deposits and L2 EVM transaction fees, converted to USD, providing the total daily revenue generated by UniqueNetwork from user fees across both its native parachain operations and EVM-compatible transaction layer

*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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