Thank you @WakeUpLabs, we support this proposal.
The Gas Refund Program (GRP) was originally launched in early 2022, at a time when the context was completely different. Back then, gas costs on Ethereum were significant, and the GRP served as a useful mechanism to incentivize protocol usage by refunding users part of those high gas expenses.
Today, the situation is entirely different. Network upgrades have drastically reduced gas costs on Ethereum, while on Base and Optimism , gas fees are extremely low, almost negligible, and no represent a relevant factor in transactions.
According to the data provided by Wakeup Labs, the average gas refund per user is now around $5 per epoch , with a total budget of about $1,000 or less distributed among roughly 200 wallets.
What was once an effective incentive for protocol usage has become an operational inefficiency, where the cost and effort of execution far outweigh the benefits.
We therefore support discontinuing a program that once fulfilled its purpose but no longer makes sense under current conditions.