What about using it to bootstrap liquidity for other fiat pegged stablecoins?
At Bidali we’re currently doing this on Stellar but are evaluating switching chains, while simultaneously adding support for Terra assets as we speak.
lol 
since this proposal passed, is there on-chain evidence that the burn was implemented? and, if so, where can we find that?
Burn the Remainder of the SDT Stability Reserve burn adress here im not luna owner or supporter but i will buy 100 dollar luna today for help
official burn address. Let’s show them the power of community. Burn 100,000 luna today! We have burned 280 million already. https://twitter.com/stablekwon/status/1528004028851859456