▪ Custodial This property is inherent in banks, financial organizations or services that hold depositors' financial instruments: cryptocurrencies, securities or other financial assets. In other words, a custodial (or also depositary) bank is a bank that holds securities and other financial assets of clients and manages these securities.

🌈 Uniswap DAO to weigh giving ‘underrepresented’ delegates more voting power A group of seven Uniswap DAO delegates who vote over 80% of the time — but possess marginal voting power — moved closer to receiving a voting power boost after a Wednesday temperature check vote. The proposal would split 10 million uniswap, worth around $60 million at current prices, among “underrepresented” DAO delegates with less than 2.5 million uniswap. A DAO borne out of Georgia Tech’s blockchain club and the trading firm Wintermute were the two most popular delegates in the temp check. The proposal now faces an on-chain vote before delegates would receive uniswap (UNI) from the DAO’s treasury. To be clear, the UNI would not be funds the delegates could spend or trade, but would bump up their share of voting power on future governance matters.

▪ DYOR Literally: Do Your Own Research A call for independent and autonomous research into the tokenomics of market assets in order to foster responsibility when acting in the cryptocurrency sphere.

⬜️ #1 - Gas in Arbitrum ⬜️ L1 Gas: Paid to cover the future batches on L1. It is the majority of the commission and depends on the calldata size of the transaction and the calldata value in L1. At the time of the transaction, you can only estimate its approximate ratio to the size of the future batches. In other words, the L1 component is meant to compensate the Sequencer for the cost of posting transactions on L1 . ⬜️ L2 Gas: Works similarly to commissions in Ethereum Mainnet — it is a transaction execution fee on L2. The L2 component covers the cost of operating the L2 chain; it uses Geth for gas calculation and thus behaves nearly identically to L1 Ethereum. One difference is that unlike on Ethereum, Arbitrum chains enforce a gas price floor, currently 0.1 gwei on Arbitrum One and 0.01 gwei on Nova (See Gas). L2 Gas price adjusts responsively to chain congestion, ala EIP 1559.