BIP 41: Inaugural Badger Cetedel Product - Badger BTC Bridge Rewards

Great proposal. AGreed that it would be good if you can reward those that actually stake their renbtc / wbtc and do it on a time basis.

Also would be great if we could pool transactions back to btc to save on fees, though not sure about how you then distribute the btc on the other side…

Overall though, amazing proposal as this succeeds in:

  • adding to Badger’s revenue streams
  • incentivising people to bring more btc onto ethereum (once its over here people rarely want to go back…)
  • builds a strong working relationship with the Ren team (potential future collaborations / ren rewards for badger users etc could come from this)

I’m all for further incentivised products for all the Badger team and community, another great proposal, agree that so long as no one can take advantage of it though by their dominant positions, as its generally us small fish that are the ones trying to make something work for us all here.

https://snapshot.page/#/badgerdao.eth/proposal/QmRSu5YHnEngHd7Pya4PcWcFSoa7bv9vCLAPAmRwSCkq68