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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
The text was updated successfully, but these errors were encountered:
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
The text was updated successfully, but these errors were encountered: