`VOTE STARTED FOR THE NEXT STEPS ON FUTURE FANTOM DISTRIBUTIONS`.
02 Aug 2023, 19:45
🗳 👻 `VOTE STARTED FOR THE NEXT STEPS ON FUTURE FANTOM DISTRIBUTIONS`
PIP-38 is live for voting, a vote which is necessary for determining next epoch's Fantom distribution!
Although the Multichain bridge issue affected many different chains where ParaSwap is deployed in, the Fantom network has been significantly affected by this situation.
During the process of the Epoch 6 bridging of PSP for the Gas Refund Program, alternative bridging solutions were found for all networks but Fantom, rendering the distribution of PSP on that network impossible.
This proposal seeks to distribute the 4,475 PSP that were not able to be distributed on Fantom on Epoch 6, on Epoch 7 in Ethereum mainnet in the form of sePSP1. Additionally, we propose future gas distributions on Fantom to be done on Ethereum in the form of sePSP1 until either an alternative bridging solution for PSP is implemented or the new gas refund distribution method of PIP-36 is implemented.