website

twitter

discord

Infrastructure

World Mobile Chain

# World Mobile Chain Supply-side fees Methodology

## 1. Overview

Supply-side fees represent the portion of transaction fees that are distributed to token holders, liquidity providers, or other participants who contribute capital or resources to the protocol. For World Mobile Chain, this metric is explicitly set to zero because the protocol does not implement any fee-sharing mechanism. All transaction fees collected on World Mobile Chain go to network validators and operators rather than being redistributed to token holders or other supply-side participants.

## 2. Data sources

The calculation relies on several key data sources:
- **Blockchain transaction data**: World Mobile Chain transaction records containing gas usage, gas prices, L1 fee components, and transaction metadata
- **External price feeds**: End-of-day token price feeds for WMTX token price conversion to USD  
- **Token metadata**: Base chain token information, specifically for WMTX token (`0x3e31966d4f81c72d2a55310a6365a56a4393e98d`) which serves as the fee payment token for World Mobile Chain

Note that World Mobile Chain uses Base chain's WMTX token for fee payments rather than having its own native token.

## 3. Step-by-step calculation

### Component A: Transaction data processing
- **Purpose**: Standardize and validate raw World Mobile Chain transaction data
- **Logic**: Extract transaction records from World Mobile Chain and cast all fields to appropriate data types. Key fields include `block_timestamp`, `transaction_hash`, `from_address`, `to_address`, `receipt_gas_used`, `receipt_l1_gas_used`, `receipt_l1_gas_price`, `receipt_l1_fee_scalar`, and `gas_price`. The model also maps the chain to 'base' and assigns the Base chain WMTX token address and symbol since World Mobile Chain doesn't have its own native token
- **Key fields**: Transaction identifiers, gas usage metrics, L1 fee calculation components, and token reference information

### Component B: Gas fee calculation  
- **Purpose**: Calculate total transaction fees by combining L2 and L1 fee components
- **Logic**: For each transaction, calculate two fee components separately. The L2 gas fee equals `gas_used` multiplied by `gas_price` divided by 1e18 to convert from wei to token units. The L1 gas fee equals `l1_gas_used` multiplied by `l1_gas_price` multiplied by `l1_fee_scalar` divided by 1e18. Both fee components are combined to create the total transaction fee
- **Key fields**: `l2_gas_fee`, `l1_gas_fee`, and derived total fee per transaction

### Component C: Daily fee aggregation
- **Purpose**: Aggregate transaction fees by day and convert to USD
- **Logic**: Group all transactions by day using timestamp truncation to daily boundaries. Sum the combined L1 and L2 gas fees for each day. Convert the aggregated native token fees to USD using end-of-day WMTX token price feeds. The chain identifier is recast from 'base' to 'worldmobilechain' to properly categorize the fees
- **Key fields**: Daily aggregated `fees` in USD, `timestamp` (daily grain), and chain classification

### Final aggregation
- **Combining components**: The total daily fees calculated in Component C serve as the base for the supply-side fees calculation
- **Supply-side allocation**: Supply-side fees are explicitly set to 0 for all days and all fee amounts, reflecting that World Mobile Chain does not redistribute any portion of collected fees to token holders, liquidity providers, or other supply-side participants
- **Currency conversion**: All fees are converted to USD using end-of-day WMTX token prices before the supply-side allocation
- **Time aggregation**: Daily aggregation with gap-filling to ensure continuous time series data
- **Final calculation**: The final supply-side fees metric equals 0 for all time periods, indicating no fee redistribution to supply-side participants occurs on World Mobile Chain

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

Portion of fees distributed to service providers or supply-side participants.

World Mobile ChainWMTX

Supply-side fees

Supply-side fees

Competitive landscape

Chain breakdown