Lollipop
L2 fee
This document outlines the calculation process for transaction fees on Lollipop, emphasizing their lower cost compared to Ethereum.
Lollipop’s transaction fees are determined by adding two components together:
- L2 execution fee
- L1 security fee
L2 execution fee
- The L2 execution fee refers to the fee incurred when a user’s transaction is processed within the Lollipop layer2 network. It follows a calculation method shown above, identical to the standard Ethereum transaction fee computation. However, the distinction lies in the fact that the gas price on Lollipop is significantly lower compared to Ethereum.
L1 security fee
- The L1 security fee is an essential fee required in the context of Optimistic Rollup. With Optimistic Rollup, all L2 transactions are uploaded to L1 to ensure data availability.
- To transmit these rollup transactions to L1, a portion of the L2 transaction fee is used for the L1 transaction fee. While the rollup transaction includes the
calldata
of all L2 transactions, it’s important to note that L2 transactions are not directly executed in L1. - Consequently, only the intrinsic gas generated when incorporating the L2 transaction
calldata
into the rollup transaction is calculated. The termtx_data_gas
mentioned earlier refers to this, and its calculation is as follows.
- The
l1_base_fee
represents the base fee of L1, which is the amount of ETH required for the rollup transaction. - Lollipop continuously monitors the Ethereum base fee fluctuations; whenever there is a substantial change, a new
l1_base_fee
is stored in the L2OVM_GasPriceOracle
contract. - The
overhead
is calculated in gas units and is assigned a relatively small value.scalar
is the weight multiplied for the L1 security fee.