Proposal to Implement a Buyback and Burn Mechanism Utilizing Consumer Chain Fees

[Victor118]

I think it’s a very good idea to add a burn mechanism

Having an unlimited supply without burn is dangerous
Having a burn mechanism would imply that the supply could decrease if the protocol makes enough profits
Ethereum might be an example to be followed

@Guinch_Roze

This does not seem fair but it would avoid a certain centralization of the stake on the validators who secure the consumer chains.

Ideally, we would need to find a hybrid mechanism that would allow stakers to be remunerated and Atom to be burned, perhaps a deal to be made for entry into the PSS.

(C’est vrai )

Yes PSS could result to a concentrated staking into top validators, may be a tax like it was proposed by @effortcapital can be used and burnt ?

CHIPs signaling phase: Vote Power Tax

This signaling proposal and the research prior to it were funded by the AADAO. The initial post outlining the concept and purpose of a “Vote Power tax” can be found here . In the initial post, we also propose a dynamic community pool tax, which is outside of the scope of this signaling proposal. Author: EffortCapital | Blockworks Research Summary The Vote Power Tax is an economic solution to multiple issues the Cosmos Hub is currently facing: Concerns around validator economics as it relate…

Like ethereum the hub can burn a part of fees !?

ATM cosmos hub has not a lot activity but with IBC routing it can change !?