Gas Fee Reduction Rationale - Trading activity is highly sensitive to gas costs, lower fees attract more traders [1] - Increased trading activity leads to higher transaction volume, sustaining validator APY [1] - Competitive fees strengthen BNB Smart Chain (BSC)'s position as a leading chain [1] Proposed Changes on BNB Chain - Validators on BNB Chain are proposing to halve gas fees [2] - Validators are proposing to accelerate block speeds [2] - The goal is to keep BNB Smart Chain (BSC) competitive with the fastest chains in crypto [2]

Blockchain Technology & Scalability - Programmable IP blockchain adoption is low due to high L1 gas costs [1] - Proposes creating a programmable IP L2 solution to address gas cost issue and potentially increase adoption [1]