Currently, the “oneDayTotalFees” metric measures all fees that are paid to a protocol. This typically represents the total revenue, and can allow calculating P/S ratios.
However, many have requested that a separate metric be created, which would provide only fees that are accrued to the protocol.
I’d like to propose a “oneDayProtocolFees” metric, which would include any fee revenue that goes to the following areas:
- Accrues to the DAO treasury (ENS)
- Paid directly to token holders (Synthetix)
- Used for a token buy-back (Maker)