I propose to divide the purpose of the current Luna coin into two different coins
(Luna coin, Terra/Ocean coin).
_ New version Luna coin
- Representative coin of ecosystem
- add max Circulating Supply
- to set the circulating supply current, drain all the coins generated by the depegs from the Luna coin and move them to the Terra/Ocean coin
- staking Luna coin you only get one stablecoin selected by the owner from burn(*) Terra/Ocean coin
- when Luna coin not staked burn(**) Terra/Ocean coin to null
- to get a freshly minted Luna coin through an Terra/Ocean coin rod → terra/ocean coin go to burn
(*) burn of Terra/Ocean coin → you always get 1 (1 x1 , 1 x10 , 1 x100, 1 x100, …) multiplication increases with a community/governance vote
(**) auto-burn of Terra/Ocean coin
_ New Terra/Ocean coin
- no max Circulating Supply
- serves to manage the stability of stablecoins (create/destroy stablecoin in local - can’t transfer)
- no burn limit of stablecoins
- when the circulation of the coin is lowered, the minted is increased
- when the circulation of the currency increases so much, the minting decreases little by little to zero
- auto-burn/mint to luna coin (staked or not staked)
- allow users to mint stablecoins with Terra/Ocean coin and burn stablecoin to get terra/ocean coin
if you like my proposal, take a cue and improve it.