Lower the tax rate to encourage higher on-chain volume

[Koch]

We should seriously consider burning all staking rewards…

Instead of increasing the supply in our wallets, we would be increasing the value of what’s already there ~ so, staking would still have reason and value…

7x the Burn rate by Adding a 'Burn all Reward' Button in Terra Station

Summary While I am not a fan of the impact of the tax on the current level of on-chain transaction, and as many feel disappointed by the velocity of the burn so far, community seems to agree this is the way forward. I would like to propose a way to greatly accelerate the rate at which we are currently burning Lunc. Motivation Accelerate the burn rate with the support of the hard core community. Proposal At the current level of Staking (666B token are currently staked on Terra station) 187B…