Gm community 
I’d like to elaborate on the bridge fee structure for rETH transfers between Ronin and ETH Mainnet. We understand that the current $5 flat fee can be burdensome for users transferring small amounts, and we acknowledge this concern. To address this, Ronin chain will be offering high-yield opportunities on the Ronin chain to offset the bridging fee.
Our initial proposal to Chainlink CCIP was a tiered fee model based on transaction value, with the following structure:
Although Chainlink cannot currently implement this model, they’ve expressed willingness to build it out in the future. In the interim, we’re adopting a flat fee model. However, Chainlink has suggested an alternative flat fee structure that could incentivize rETH to remain on Ronin, thereby creating sticky TVL:
- Ethereum > Ronin: $1
- Ronin > Ethereum: $5
This revised flat fee model would encourage users to keep their rETH on Ronin. Once Chainlink develops the capability to implement our proposed bps model, we can revisit and vote on switching to the more dynamic fee structure.
By adopting this approach, we can ensure a more equitable and attractive fee model for our users, while also promoting the growth and retention of TVL on Ronin. Moreover, the revenue generated from this fee model will contribute significantly to the DAO’s treasury, providing a sustainable source of funding for our ongoing development, community engagement, and ecosystem growth initiatives. I believe this solution strikes a balance between addressing user concerns, supporting the long-term health of our ecosystem, and securing the financial future of our DAO.