This is an excellent point and I think that thread does cover the key drawbacks behind using $SYN as a gas token for SYN chain. To summarize for the others, the two primary drawbacks are:
- No net value for token given that tokens that are bought and immediately used as gas (and likely paid to agents)
- Complicating UI/UX and adding overhead to interoperability by requiring $SYN for fees
The above two issues would not align with investor and community desires given that it would hinder adoption and not necessarily appreciate token value.
Given the popular interest in this proposal at first glance (12 votes initial in-favor), I believe much of the consensus comes from the interest in creating utility for $SYN. Having this discourse is a way forward to get to that point so it's great we are having it.
To pivot more to your point of Notaries and Guards, I think a scheme like following could work and it's probably what the devs had in mind:
- Gas fees remain as Ethereum for both L1 and L2 in SIN and Synchain (although this can change if the DAO wants)
- Agents post a bond (single-sided staking) that is $SYN and receive tips in gas fees (Ethereum) from SIN/Synchain
- As SIN and Synchain usage increases, more is paid out to $SYN stakers, and the value of $SYN appreciates
According to the docs here:
The devs seem to allude that there is a "token" that can be used for staking:
"For example, in the future, the network could support an LSD (liquid staking derivative) of the token used for staking. As well as a DPOS (delegated proof of stake) model where token holders who want to earn fees can delegate their tokens to those running agents"
This seems like a lot more viable of a model for the network as opposed to using $SYN as gas fees. It would be great to get commentary from the devs or large holders whether they align with this kind of fee model for the network. I understand we're still very early (devnet and mainnet launch are a while away), but getting clarity on this early on will incentivize the community and investors that there is a long term strategy for the native token.