The Blast community plans to launch a new proposal to support the weekly distribution of fee income to BLAST token holders

The Blast community intends to introduce a new proposal (BLIP - Research and Discussion) that would require all fees earned by the Blast Foundation vault (e.g. USDB/wETH rebasing fees, gas fees) to be distributed weekly to BLAST token holders, with the aim of rewarding BLAST token holders, increasing the value of BLAST held in the ecosystem, and providing a competitive advantage over ETH and USDB native earnings. The proposal calls for determining the percentage of fees allocated weekly, while ensuring that there is sufficient funding to meet the operational needs of the fiscal, and developing smart contract mechanisms to handle the allocation of fees to BLAST holders, including the need to take regular snapshots of BLAST holdings and prorate the fees charged.