GIP-125: Gnosis Pay Loyalty & Cashback Program v2

Governance GIPs
2

Interesting! I like some of the improvements you are proposing, particularly your points 2-4.

I think your proposal aima to solve the following issues:

  1. GNO price volatility makes it “unfair” and potentially cheap/expensive to access certain cashback levels.

  2. Users farm and dump rewards

  3. Users use the card for large tickets but not necessarily on their day to day

  4. Users buy GNO to get the rewards and then sell them

Before moving forward with any change, I would validate if these are actually issues. Are users dumping the rewards? Are users cashback receivers short term or long term holders? Do cashback receivers just use the card of larger tickets or do they also do many txs?

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