Unpacking Aptos Network Financials! The network revenue of @Aptos is only derived from Real Economic Value(REV), the standardized measure of the value that a blockchain would produce through activities of the users. REV measures the monetary demand to transact on-chain. For Aptos, all REV comes from in-protocol transaction fees. They essentially are Execution Fees and IO Fees for processing and propagation of transactions, respectively. Unlike other networks, Aptos has no out of protocol tips. Neither are storage fees considered as REV, as those are refundable deposits, not forever payments. From the token holders' standpoint , REV is the TOP LINE metric, representing the value users pay and what holders are eligible to earn. Operator peyments refer to the value allocated to infrastructure providers(validators), the value not following to token holders. Aptos validator operators are paid by taking a commission on new token issuance and are not paid from REV since all gas fees are burned. So only that part of inflation which is not going to token holders is considered a cost. Self staked operators(with less than 10% commission) are not accounted for a cost to the network. In contrast, we deduce token holder net income as the difference between revenue and operator payments, quantifying the value that the token holders actually derive. It's worth a reminder that both stakers and non-stakers have different return profiles.