Terra Research Forum

How to properly enable «OFF-chain» burning of LUNC and USTC

Governance & Proposals

babymonkeymusk May 7, 2023, 10:09am 25

The Securitization of Community Taxes Governance & Proposals

Introduction: The purpose of this proposal is to outline the possibility of securitizing a portion of the community’s taxes through the distribution of a new token, called LuncTax. This report will explore the benefits and challenges of this proposal, discussing issues related to the percentage to be securitized and the tokenomics of LuncTax. Proposal: It is proposed to securitize 90% of the 0.2% tax (or a percentage of it) through the distribution of LuncTax. The token will confer on holders…

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