In March, we voted on a proposal to “burn all seigniorage.” One of the key promises in this proposal was that we would have “regular proposals to burn proceeds (funds in the community pool).” There haven’t, however, been any further burns… Until now.
There is over 63 million LUNA in the community pool, which translates roughly into $1B UST and ~6% of total LUNA. Do has mentioned the idea of using this LUNA to bootstrap Ozone; however, he has also admitted that Ozone will be fine (even without the bootstrap) and that this decision is ultimately up to the community.
I wanted to put out feelers in the forum before I actually propose this on Terra Station. Is anyone else in favor of the burn?