Since the vast community had agreed with the 1.2% tax,

Question

Since the vast community had agreed with the 1.2% tax,

can someone help to share to whoever in concern making proposals, to agree on the off-chain spot/margin trading fees of 1.2% while the exchange to get 0.5% (which is typically more than current 0.1% like Binance), and the remaining 0.7% to be burnt on a daily basis? The additional of the 0.4% to be collected by the exchange can be used cost for their tweaking/developing of their systems to accommodate this tax requirement, and automate the 0.7% burn to be sent to the LUNC burning address?

And had to ensure that major exchanges currently with LUNC pairing to agree on this arrangement, and to set a target start date for each of the exchange (depending on their timeline to complete development and testing) to execute the 1.2% fee collection.

To make it more attractive for early early adopters by the exchanges, those who decided to on-board later shall only be getting lesser % as its fee (say 0.2%-0.3%) while remaining to be burnt.

While there should also have a mechanism to get immediate update on the total burnt LUNC and Total Supply, while keeping in mind of the 10B mark as Max-Supply of LUNC.

Anyone can help on this?

#blockchain #cryptocurrency #english #luna

0

06.10.2022

5 ответов

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R W

Wait what? Are you trying to create an on chain vote for an off chain action 😂😂

0

06.10.2022

CryptoreanKT Автор вопроса

R W
Wait what? Are you trying to create an on chain vo...

proposing

0

06.10.2022

CryptoreanKT Автор вопроса

Mick
If you had your lunc on Terra station then you cou...

am only a small trader and didn't move it to terrastation. For this to happen, someone or a team is needed to lead and do all the necessary works.

0

06.10.2022

R W

CryptoreanKT
proposing

You want to propose on lunc to get burn tax on let's say kucoin? And other cexes? You know that's moronic right?

0

06.10.2022

Mick · Accepted Answer

Mick

If you had your lunc on Terra station then you could put forth a proposal for all to vote on . Unfortunately while people use binance and the like ... we will cop whatever shit they shovel because they will make the decisions for you.

0

06.10.2022

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Since the vast community had agreed with the 1.2% tax,

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