[Prop 1691] Terra v2.2: A Fair 11-point Confidence Restoration Plan for the Terra Enterprise

Destructive Support (Recommend: NO)

Reverse Staking Concept

The reverse staking concept is essentially earning LUNA as interests for Anchor savings deposits and converting them into UST to reduce the LUNA supply

@kayserirum:
A simpler approach is to have all network exchange fees taxed at 0.1% paid for in LUNAs. Over time the passive tax eats away at the total LUNA supply to raise its value, and new USTs can only be minted by collateralizing with stablecoins. In effect, this burns down LUNAs at the same time the collateralization of USTs goes up. A win-win.