The Blast community is proposing a new proposal to support weekly fee distribution to BLAST token holders

The Blast community is planning to launch a new proposal (BLIP-Research and Discussion) that requires all fees earned by the Blast Foundation Treasury (e.g., USDB/wETH rebasing fees, gas fees) to be distributed to BLAST token holders on a weekly basis. The program is designed to reward BLAST token holders, increase the value of holding BLAST in the ecosystem, and provide a competitive advantage over ETH and USDB native returns, improve user retention, and make the network more attractive. The proposal requires determining the percentage of fees distributed weekly while ensuring that there are sufficient funds to meet the operating needs of the treasury, and developing a smart contract mechanism to handle the distribution of fees to BLAST holders, including the need to regularly snapshot BLAST holdings and distribute the fees collected proportionally.