Summary
SCP219: Move rFOX to Ethereum Mainnet
Move rFOX from Arbitrum to Ethereum Mainnet on October 1st. Most FOX already lives on Mainnet, so this puts the program where the tokens are. Rewards temporarily go from 25% to 50% of revenue for the first three months to get people to move quickly.
Abstract
rFOX is on Arbitrum today, so if you hold FOX on Mainnet you have to bridge before you can stake. Most people hold on Mainnet.
This deploys the same audited rFOX contract to Ethereum Mainnet, live October 1st. Stakers get 25% of DAO revenue in USDC and the 5% burn keeps running exactly as it does now. Arbitrum stops earning rewards that day, and the Arbitrum contract’s unstaking cooldown drops to 0 so nobody is stuck waiting to move.
For October 2026, November 2026, and December 2026, Mainnet rFOX pays 50% of revenue instead of 25%. It goes back to 25% automatically on January 1st.
Motivation
The biggest chunk of FOX is on Mainnet. Meeting FOX holders where they are currently. Also matches where the DAO is headed. We’re consolidating liquidity and programs onto Mainnet, and our flagship revenue share program shouldn’t be sitting on a different chain.
Engineering already audited the contract and is confident it ports over cleanly.
Specification
- Go live: October 1st, 2026. Mainnet only after that.
- Contract: Same audited rFOX contract, no functional changes.
- Boost: October, November, and December pay 50% of revenue. Back to 25% automatically on January 1st, 2027.
- Arbitrum: Cooldown drops to 0 days immediately so people can move. Rewards go to 0% once Mainnet is live. Anything accrued before then still gets paid.
Cost: The boost runs about $5,000/month, roughly $15,000 total, based on 2026 revenue. It moves with revenue since it’s a percentage. Dropping the Arbitrum Snapshot voting strategy saves around $6,000/year per GK on an ongoing basis.
Benefits
- Puts rFOX where the most liquidity and FOX already is.
- Lines up with the DAO’s move to simplify and conslidate
- Opens the program to every Mainnet holder who wouldn’t bridge.
- Potential ongoing cost savings from not having to pay for advanced snapshot strategies of $6k/year
Drawbacks
- 27M FOX can unlock at once. Dropping the Arbitrum cooldown to 0 means a lot of FOX becomes available at the same time. If people sell instead of migrating to the new contract, there could be massive sell pressure.
- Mainnet gas is more expensive. Staking costs more than on Arbitrum, which hurts smaller stakers most.
- Three months of reduced treasury revenues. Roughly $15,000 in extra payouts.
- Some people won’t move due to lack of paying attention. Anyone who misses it stops earning October 1st.
- There’s a cliff in January for rewards, could trigger unstaking.
- This will require work on the Engineering side to launch contract, adjust revenue dashboards, and update the interface to include both contracts for withdrawing on the old one if a user is staked into it, and then also to bridge and stake into the new one.
Vote
For: Move rFOX to Ethereum Mainnet on October 1st, 2026, with a 28 day cooldown, 25% of revenue paid in USDC. This would get a temporary bump to 50% of revenue for October through December. Once mainnet contract is launched, a 0 day Arbitrum cooldown, and Arbitrum rewards ending at go live.
Against: rFOX stays on Arbitrum.
For, with changes: Please comment the changes you’d like to see.