[Proposal] BURN and REMEDY fee with each LUNA transaction 💊 [PART I]

Governance & Proposals
1423

I would put a cap on the net arbitrage profit. Arbitrage guys will not stop bidding sub par UST because they are making “only” 2~3% instead of 70%. BitMEX has a similar approach with its funding rate on the perpetual products. This would at least lower the dilution rate on LUNA in the future. I would use a cap lower than the sub par sale penalty fee in order to try to have new fresh money outpacing redemptions.

1424

Still not up.

1425

Completely agree. If Do Kwon’s proposal is approved, clearly the decentralization that they talk so much about is not being respected.

3 Likes
1426

we should really further spread the word on this proposal and teach people how to vote for this.

Thanks,

1427

Im with this plan Like tax cut alomost . TXs in or out :fire:

1428

excellent proposal, I support that proposal.

It would be necessary to fork Luna1:1 Nova luna with the burn rates.

Could put a burn rate on the fork swap.

1429

This is the way

1 Like
1432

I moved LUNA to Terra Station 48 hrs ago. Delegation is halted because staking is halted. Voting solo is also broken even through you get a “Success” modal.

Then you pay the fee, but the vote does not register. Not after 15 mins, one hour, or one day your vote will not count. They know this :wink:

1433

Please note, this comment of mine is a SUGGESTION. Im not part of the Terra project team at all. Its my personal suggestion.

Thanks

1434

What? How is that even ok…

1435

do kwon start tweeting last night

1436

Shamelessly locks coins for 2 years. like a joke.

1 Like
1437

He Don Know what he is doing.

1439

From the latest tweet, it seems that this proposal is invalid.

He will build terra v2 for sure.

1440

Preliminary vote

9 Likes
1441

Is there a case of not passing the vote? The majority doesn’t seem to want it.

1 Like
1443

will the result matter? terra is centralized platform and own by do kwon

2 Likes
1444

maybe not but I think it’s good for sanity to just remove this element of uncertainty and know what the overall opinion is.

Even if Kwon acts on his own interests, I’m hoping to see what the community opinion is.

3 Likes
1445

Exactly! Most people here not paying attention to this fact. I pray it becomes news.

1446

@HelloThere all

shall we contact some media, e.g., bloomberg?
just to show the power of the comunity and share our idea

5 Likes