Terra Ecosystem Revival Plan 2 [PASSED GOV]

[Vegas]

Burning mechanism to #Lunc ( old Luna)

Summary We’re proposing a TAX & BURN mechanism to be added to the current Lunc. 3% TAX on all transactions of which the breakdown is 2% Burn (idea reduce Max supply)+ 1% stored in the official treasury to hold as collateral for UST holders (this haves to study, the idea is to help those ones that have UST before depeg) In addition to this we propose removing the link between UST and current LUNA + Remove minting ability on current Lunc. The above proposal will ensure original LUNC can reduce…