Just to say I’m certainly for a model like this. Crucible integration to an L2 is near completion and this could be good timing to consider something like this.
I believe revenues in Mainnet will always exceed those of alternative chains, however the offset of gas costs on participating to a reward program on a L2 chain will certainly make economic sense for users. Most likely it will mean a user will be better off overall on their ROI, as it’s common for the fee to subscribe and unsubscribe on mainnet to be relatively excessive (not even including obtaining the LP and minting a Crucible, which we all know isn’t a cheap endeavour right now). Now that gas averages above 120 gwei on mainnet and is often above 200 gwei at many times during the day, users even with an reasonable LP size are also finding their rewards consumed by gas.
The flipside to consider here is that the biggest proportion loss to future revenues will be to the Largest LP holders which currently are a small minority on mainnet (will analyse these shortly), although the effect of such an implementation of making our ecosystem more accessible to the majority of users in the space (smaller users who are currently priced out), and potentially turning more of the circulating supply to become locked up, could be seen as a potential upside for the larger current LP holders