ProtoRev, Revisited

Pushing this back for a week until the dYdX refund proposal has been decided.

  • If this refund passes, then governance has signaled interest in using ProtoRev for a more general Slippage rebate to minimise requests like this in the future.
    • This may increase trading by lowering costs for traders and therefore increase taker fees as well as the userbase.
    • Osmosis will continue to have a maximum supply, but any deflationary initiative would have to come from another source. Potentially something around access to premium block space.
    • A new proposal will be drafted to outline this and be live mid-January.
  • If the refund proposal fails, then we are back to the burn vs distribute question posed in this thread and this text will go to chain.
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