Optional Feature # 3 - Burn
Tax Split to Community Pool
Submitted 24 hours ago
This is the third and final optional feature we are seeking consensus upon in the next release. Previously, the community utilized the seigniorage Reward Weight parameter to remint a portion of the burned supply to the community pool.
This was confusing to many people in the community. The third governance proposal is seeking consensus around the creation of a new parameter that does not utilize the seigniorage remint policy, but has an independent ability to directly send a percentage of the on-chain tax to the community pool. The initialization of this parameter will be 10% community pool, 90% burn as noted in governance proposal #11111, which was the consensus before the Binance requests to turn off seigniorage (and are being alternatively handled by feature #2).
Please note that you are not voting on a particular piece of code at this time, but rather whether or not you want to see these features included in the next release. If the signaling proposal passes governance, there will be an additional agora discussion and subsequent governance vote on the actual upgrade code implementation.