This proposal seeks DAO permission to refund all protocol fees to the users of Boost for the period of July 14-20th, totaling 8.4899465 osETH.
The intention of the refund is to soothe the profitability of Boost during the period of extraordinarily high borrow rates on Aave.
The refund would apply to Boost users in all Vaults, and would be distributed via the Merkle Distributor, allowing each user to claim it when convenient through the StakeWise UI.
Should this proposal fail, the team will have used own funds to process the refund.
Please see the attached forum post for the full budget proposal.