As a VoxoDeus Minter or Holder, how would you prefer your reward withdrawals to be structured?
By default each withdrawal would be:
ETH on EthereumAlternatively, to reduce the gas fees you'd pay on this, we can change the default in two ways :
To weigh the pros and cons, we'll provide cost estimates of all options. Though, as the price of Ethereum and gas both fluctuate wildly, these figures are for illustrative purposes only, and are based on the assumptions of:
1 ETH = 3000 USD150 Gwei50 Minters withdrawing each weekBy batching withdrawals into weekly transactions, we can reduce your withdrawal's gas fees by a factor 3 - down to 6 USD from 20 USD, saving roughly 14 USD per withdrawal.
The downside is that instead of the withdrawal clearing within minutes, it could take up to a week for your withdrawal to reach you.
By transacting in wETH (Wrapped ETH) on Polygon, your withdrawal's gas fees could be reduced by a factor 600, costing mere cents instead of the 6 USD or 20 USD per withdrawal on Ethereum.
The downside it that your rewards would not be on L1 - Ethereum Mainnet, though additional Gas can be paid to bridge funds back to L1.
How would you prefer your reward withdrawals to be structured?
ETH on Ethereum.ETH on Ethereum.wETH on Polygon.