# ProtoRev, Revisited **URL:** \ **Category:** Proposal Discussion\ **Tags:** passed\ **Created:** [December 22, 2023, 9:02pm UTC](https://forum.osmosis.zone/t/protorev-revisited/1060 "2023-12-22T21:02:05Z")\ **Posts on this page:** 1\ **Showing post:** 8
**Author:** ![JohnnyWyles](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/johnnywyles/32/3114_2.png) [@JohnnyWyles](https://forum.osmosis.zone/u/JohnnyWyles)\ **Post date:** [December 29, 2023, 10:56am UTC](https://forum.osmosis.zone/t/protorev-revisited/1060/8 "2023-12-29T10:56:36Z")
Pushing this back for a week until the dYdX refund proposal has been decided. > [@Refund dYdX user funds lost from high price impact out of ProtoRev profits](https://forum.osmosis.zone/t/refund-dydx-user-funds-lost-from-high-price-impact-out-of-protorev-profits/1088): > > Summary A user has lost $248,016.39 swapping $626,980.63 USDC.axl to USDC on Osmosis via the concentrated liquidity AMM pool 1223, due to insufficient liquidity in the pool. This swap was part of a migration from dYdX V3 on Ethereum to dYdX V4. The user was shown a route generated by Squid V1 which showed an expected exchange rate of 0.604 Ethereum USDC to dYdX USDC on the dYdX front end. The user did not notice this poor exchange rate before signing and submitting their transaction. The ProtoR… - 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. --- _[View the full topic](https://forum.osmosis.zone/t/protorev-revisited/1060)._