Try Quests to earn cryptoThe relationship between transactions volume and fees paid to the stakers
In most networks, becoming a validator requires a relatively large amount of capital, but there is another method called staking that allows you to participate in the network at a much lower cost. Staking is when coins and tokens are assigned to a validator, which is called a delegating. On the Terra network, any user who stakes Luna is a delegator. Delegators place their Luna on a validator and add it to the validator's weight or total stock. In return, delegators receive a portion of the transactions fee as a reward. According to the above, the higher the volume of transactions, the higher the amount of commissions, and as a result, the commissions that are paid as a reward to the delegators or stakers, increases and vice versa; This means that the smaller the volume of transactions, the lower the amount of commissions, and as a result, the commissions paid as a reward to stakers will be lower. In other words, there is a direct relationship between the volume of transactions and the fees paid to stakers. Using the terra.transactions table, the total amount of fees derived from transactions and from the terra.swaps table, the total amount of fees derived from native swaps were drawn on 2/29/2022 in terms of 24 hours in 2 different charts.