As you all know, for those who play with smaller portfolios, gas costs are a big factor in determining whether to enter a pool or not. Many small farmers entered these pools with a calculation on breaking even. However, halving the base rewards meant many of these farmers did not breakeven on their gas costs and will instead exit these pools at a loss.
I would like to propose a gas reimbursement for those who meet the folllowing criteria:
- Deposited with less than $30k in capital in the USDC/USDT - FNX pools.
- Deposited before Mar 27, 2021, 3:00 PM (the conclusion of the governance vote to introduce a halving scheme for mining incentives)
This gas subsidy shall be provided in FNX. What $ amount this may be is open to discussion and a recommendation from the team.
Shamelessly copied and “adjusted” to fit our needs from FLOAT.