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?
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.
Wait what? Are you trying to create an on chain vote for an off chain action 😂😂
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.
You want to propose on lunc to get burn tax on let's say kucoin? And other cexes? You know that's moronic right?
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