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

[dfunk]

Just a quick heads up - this proposal expires soon. Vote for it if you haven’t already.

Burn The Remaining UST in the Community Pool + Cross-Chain Liquidity Incentive UST

Background Context Following the material and ongoing UST peg deviation over the past several days, inflated swap spreads via the Terra protocol’s market module to absorb the overhang of the UST supply have created extreme pressure on LUNA’s price. Currently, the burning of UST is too slow to keep pace with the demand for excess UST to exit the system, which is hindered by the BasePool size. Prop 1164, currently live on Terra Station, helps resolve the bottleneck issue of burning UST by: Inc…