Proposal: Gas Subsidy

Float Protocol Phase 2 was my first experience with trying to engage with a DAO with a fair launch. I came in with a small amount of WBTC, and paid $150 in Gas to get in.

A week in to Farming, the rewards ended. I paid $40 to unstake. So now nearly $200 in Gas.

With a small portfolio, I felt like I had paid a significant price for participation. However, I learned that there was a forum for proposals. I read through and saw a proposal for Gas Reimbursement - https://forum.floatprotocol.com/t/proposal-for-gas-reimbursement-for-humble-farmers/239

As I was effected by this, and that there is already some talk about it, I would like to submit an official proposal for a Gas Subsidy. The idea of being involved in a governance voting model is unique, and the idea that something like a subsidy could happen is a promising idea for a community. I think this is a great way to create engagement, and to stimulate smaller participants to be involved in BANK, and more fair launch projects like BANK. For larger whales, they are not particularly affected by gas costs, and have moved on to the next place to farm.

For some of us with a smaller portfolio a proposal like this will make a significant difference.

Deposited with less than $30k in capital. Deposited before Mar 26, 2021, 11:00 AM (the conclusion of the governance vote to close phase 2 early) This gas subsidy shall be provided in BANK. The amount will be based on recommendation from the core team.

"I get by with a little help from my friends" -The Beatles