# Verifiers Represent Us? **URL:** \ **Category:** Governance & Proposals\ **Created:** [April 27, 2023, 11:57am UTC](https://classic-agora.terra.money/t/verifiers-represent-us/51559 "2023-04-27T11:57:30Z")\ **Posts on this page:** 1\ **Showing post:** 5
**Author:** ![gargaditya](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/gargaditya/32/6474_2.png) [@gargaditya](https://classic-agora.terra.money/u/gargaditya)\ **Post date:** [May 16, 2023, 8:14pm UTC](https://classic-agora.terra.money/t/verifiers-represent-us/51559/5 "2023-05-16T20:14:13Z")
Validators are all having self interest-hence they dont vote or vote no on most proposals related to controlling supply(burns) or bringing cexs on board by incentivizing them. They keep getting LUNC for running their node and TBH,I think they benefit from no price rise and staking percentage increasing. An example is here, where most validators are sleeping/have different plans: > [@Incentivizing Centralized Exchanges To Implement Burn Tax](https://classic-agora.terra.money/t/incentivizing-centralized-exchanges-to-implement-burn-tax/51145): > > Summary Increase burn tax to original 1.2% on-chain. (Off-Chain)CEXs which honor the 1.2% tax on their individual platform(for ALL buy/sell/convert options) get to keep 0.2% as incentive for supporting the LUNC blockchain, effectively helping burn 1% on each buy/sell/convert transaction. Motivation One of the key factors for the LUNC Blockchain success is reducing the huge supply. Proposal 1.It is proposed to set the burn tax at 1.2% to speed up burns on-chain. The previous 1.2% tax never … --- _[View the full topic](https://classic-agora.terra.money/t/verifiers-represent-us/51559)._