Proposal to Increase the Burn Tax

Funny enough, it’s those individuals that complain afterward that the validator/community does not want the tax increase when the problem is the proposal itself being raised as the wrong type.

They should take some time to read/ask around and learn how to do that in the right way; no one that understands how the value is set/enforced through governance would vote for it as it is.

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I totally agree, it is time for the burn tax to GO, it has stopped utilities and has not done what it was supposed to.

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Fine. What is your suggestion? Do you have a plan?

Who you asking?

I ask DNC

Show us which utilities have been stopped by the burn tax please!!!
There are currently very few dApps aside from the likes of Moonshot and Terra Casino.
Also, tell us how the community will raise money to finance utilities ,or let me guess, you think they will come on-chain for free???
Yeah, that is not how it goes

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You’re talking as if LUNC was a very successful project, in top 10 and tax burn stopped utilities:)
Most of the people bought lunc because of the deflationary story

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Can we please leave 0.2% tax as it is? Seems that number of transactions is finally picking up a bit in last days.

Instead of debating odf current tax. There needs to be debate about new tak on staking rewards. Because those rewards are representing the influx of “new” lunc to the market.

Also maybe start debate how to increase number of transactions for 2x.

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proposal is now live : (Proposal ID: 11397)

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I was initially for this tax but on reflection I don’t think it’s a great idea personally.

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Finally!!! Burning lunc must be the top priority!

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‘No with Veto’
11397 = Always NOWITHVETO for any proposal from VEGAS and Rebel scam teams!

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Voted YES with my validator JESUSisLORD

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No more! Don’t let them touch/hands-on any part of Terra Luna Classic system or network!

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What does Cz_binance have to say on this. We dont want another fight with Cz.

Cz will be glad that the offer will be reduced

He’s already exempt from seigniorage, so it doesn’t affect him…

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yeah, and we all remember WHO started all those rumors :cowboy_hat_face:

We also remember how he packaged his proposal to have dev rewards and tax rate packaged as one, instead of two proposals, as to get sympathy votes. :slight_smile:

Never, vegas stole enough, never again support anything from him!

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What? If you want restore lunc value, you should fight for ustc repeg…another one who dont understand…