Thanks for putting this proposal together. It makes total sense given the relatively small payout size versus the operational overhead.
That said, I have a few follow-up questions and would like to better understand the implications:
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Do we have a breakdown of how many users were actively claiming refunds and what share of them were smaller vs. larger participants? This might help confirm whether the impact of removing the program will indeed be minimal.
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Since the program targeted Ethereum mainnet transactions, would there be any merit in retaining a limited refund scheme for higher-cost actions, or is the overhead still too high to justify even that?
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Are there plans to redirect the saved budget toward other forms of user incentives or community initiatives that might deliver higher engagement?
Overall, this feels like the right move toward more operational simplicity and better capital efficiency, and I appreciate the clear rationale laid out here.