Summary
This proposal is a burn and mint LUNC proposal regarding the chain’s futur DEX. I believe this could potentially not only bring users to the chain but burn billions of tokens every week.
Motivation
I’ve been thinking a lot about ways to bring on chain activity while accelerating the burns. Bear in mind English isn’t my first language and observations/correcting will be much needed and appreciated. This is very much in early stages in my mind but I would very much like to start an open debate between community members to develop / modify and bring more ideas to make this into an actual proposal.
Proposal idea
Part 1:
I just want to specify this would only be active when our terra station DEX goes live.
DEX on Terra station could hypothetically start with a 0.6% burning fee (or current .2% whichever) on all buy and sell transactions and increase over time (subject to change, could also be lower depending on the situation).
We will need to keep DEX fees at a reasonable minimum amount to stay competitive with CEX’s.
However, Burning fees on buy and sell transactions could be adjusted to incentivize traders and every user to trade on chain. The total amount that is burned in dollars at a given date can be used to mint new tokens 60 days later using as reference the original $ value of that burn (period to be determined - just used as an example). We’re using the $ market value from the time of original buy/sell ONLY WHEN PRICE GOES UP !! The coins that are minted are then allocated to the user that made that purchase/sell transaction. This means that if the price gets higher fewer coins will get minted/allocated than burned in every possible scenario. So the amount of tokens originally burned create new but fewer tokens using the original $ value of the burn from that original purchase ( once again, fewer coins when price goes up, in every situation more coins get destroyed). This is a win/win situation for both coin holders and traders as In this scenario we could technically also mint back the original .6% lunc amount that was burned at the time of purchasing/selling in case PRICE GOES BELOW the original purchase/sell price. This way if the price goes up we mint less than we burn - And if the price goes down we remint the coins that were originally burned in the first place - so technically there are still in every scenario not more coins being minted. The supply will go down and traders will come on chain to trade actively. LUNC « will » burn not millions but potentially hundreds of billions of tokens a year from this if we successfully incentivize people to trade on chain. Bear in mind/just want to make sure people understand the tokens that are minted will be minted two months from the time of purchase or sell (two months is just an example - not definitive). Personally I find this option to be viable as we do not penalize our users and traders with a definitive tax but we also burn billions of tokens on-chain. The tax could easily be raised to 1.2% if not much more knowing that in every scenario one gets the money from the tax burn (in original $ value) returned to them in LUNC if price goes up and the original burned lunc amount at the time of purchase if the price goes below. In other words there will never be one more coin minted that will increase the total supply. This way more coins will be burned in every possible scenario than coins being minted. This could make the deflationary nature of this token much more of a reality as billions of tokens could be destroyed every single day from this method.
Bear in mind I’m going to need help to rewrite all this out so that it makes much more sens for everyone - help is much appreciated ! 
2nd part very much optional - will and should be a separate proposal.
Funds sent out of terra station could hypothetically be locked for a set amount of time (perhaps a couple of days) to incentivize people to stay on-chain and accelerate the burns - especially keeping tokens safe on chain given the current climat/situation surounding exchanges. The lock up period would be reduced to 0 to send tokens to exchanges that support the burn and follow the community’s lead and vision regarding LUNC’s future. This could give great power and independence to the chain.