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Split Burn Tax with Distribution Module #232

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3 tasks done
LuncBurner opened this issue May 25, 2023 · 0 comments · Fixed by #272
Closed
3 tasks done

Split Burn Tax with Distribution Module #232

LuncBurner opened this issue May 25, 2023 · 0 comments · Fixed by #272
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enhancement New feature or request

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@LuncBurner
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LuncBurner commented May 25, 2023

Problem definition

Proposal 11513 has passed governance, and is required to be implemented on-chain. A description of the proposal is as follows:
"v1.1.0 modified the burn AnteHandler to split the Burn tax to the Community Pool. Rather than this, I propose to modify the burn AnteHandler to split the Burn tax to the Distribution Module (terra1jv65s3grqf6v6jl3dp4t6c9t9rk99cd8pm7utl) instead. Why? Because the distribution module already splits 50% of the proceeds with the CP. By splitting the burn tax with the distribution module instead of the CP, stakers also stand to benefit, thus creating a broader alignment with the community and increasing demand for staking and for LUNC. For further discussion visit: https://classic-agora.terra.money/t/new-economic-policy-for-terra-classic-set-of-4-proposals-to-align-incentives/50415"

Acceptance criteria

  • Research best method for implementation
  • Estimate effort and duration
  • Develop functionality
@LuncBurner LuncBurner added the enhancement New feature or request label May 25, 2023
@LuncBurner LuncBurner added this to the Proposal 11462 milestone May 25, 2023
@LuncBurner LuncBurner changed the title [FEATURE] title-of-feature Split Burn Tax with Distribution Module May 25, 2023
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enhancement New feature or request
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