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EulerLagrange.eth pfp
EulerLagrange.eth
@eulerlagrange.eth
I had an idea for how to make the incentives for an L2 more favorable to the community. Inspired by @hrojantorsw’s comments on how Circle will give you a cut of tbill yield if you bring new usd into crypto. This program is elegant because the incentives are strongly aligned. The goal I have in mind is to provide this constructive incentive to rollups and their devs. For L2s the trend is to move to using eth for gas. The idea is the rollup will mint a token. For an epoch of blocks, the fees collected would be paid out to token holders based on proportion. The tricky thing is you need to reset after paying out. Have ideas for how to reset but for later. This new token behaves similarly to a native gas token, as the payout depends on supply/demand of txs.
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Law❦︎ pfp
Law❦︎
@traguy.eth
The gas used during the minting of the tokens will be accumulated and paid out to token holders Or am i misinterpreting it?
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EulerLagrange.eth pfp
EulerLagrange.eth
@eulerlagrange.eth
👍
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DV (insert a lot of emojis) pfp
DV (insert a lot of emojis)
@degenveteran.eth
I believe this sounds like some projects I've known on SOL like "print protocol" and some others. Instead of 2% gas fees the fees are higher (like 8% or something) and those got dispersed to token holders. Or is this different? https://x.com/PrintProtocol?t=ZgOixT0YWVeki_zqB2Kx-Q&s=09
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