Friend.tech Protocol Fee Revenue Exceeds 17,000 ETH Milestone
CryptoNewsTerminal Staff27 May, 2024
Friend.tech Protocol Fee Revenue Exceeds 17,000 ETH Milestone
Friend.tech, a decentralized social media platform, has surpassed a significant milestone in its revenue generation. According to data from Dune Analytics, the platform has accumulated over 17,000 ETH in protocol fee revenue since its inception. As of the latest available data, Friend.tech's cumulative protocol fee revenue stands at 17,229.1 ETH. This revenue is generated through various activities on the platform, such as post boosting, content curation, and other engagement-based actions. In addition to its impressive revenue performance, Friend.tech has also witnessed substantial growth in its cumulative trading volume. The platform has processed a total of 379,039 ETH in trading volume to date, indicating a high level of activity and engagement among its users. Friend.tech's success in generating protocol fee revenue is a testament to the platform's innovative approach to social media monetization. By empowering creators and users to participate in the governance and value creation of the platform, Friend.tech is creating a sustainable and equitable ecosystem that benefits all stakeholders.
