[BIP-005] Codifying Gas Cost Reimbursement

Status: Proposed

Author(s): BuzzedMo

Discussions-to: Proposal: Reimburse Gas Costs for Honeypot Purchases

Created: September 24, 2021

Buzzed Summary

Codify gas cost reimbursement into the treasury strategy

Abstract

This is a proposal suggesting that we codify gas cost reimbursement into the treasury strategy, and provide an opportunity for gas cost reimbursement for all DAO related transactions to be part of SOP and not require a BIP.

Motivation ‌

Gas can be nuts, so let’s reimburse the costs of treasury related actions for those that execute the txs

Specification ‌ Overview ‌

We will retroactively reimburse txs immediately, but going forward the gas costs can come as normal order of operations when working with treasury.

Copyright ‌

Copyright and related rights waived via CC0.

7 Likes

In favor of reimbursement, seems reasonable. What about mandate around timing, initiating transactions only when gas is low?

I’m happy for this to go ahead.

This is a great point to bring up. Personally I don’t try to transact when things are wild anyway, could be useful to codify this as well. Since ‘low gas’ can be relative and hard to gauge, how about:

“To the best our ability, try to judge and execute when gas is relatively low”

1 Like

This is a no brainer and I just assumed would happen, but should def happen… where do I sign? lol

Seems very reasonable. In favor