Untitled Post
4 months ago
Executed
This is a ReferendumV2 post. It can only be edited by the proposer of the post .
Comments (4)
Proposal Passed
This is a ReferendumV2 post. It can only be edited by the proposer of the post .
Comments (4)
Proposal Passed
What’s the point of having earlier community proposals that introduced and approved burn mechanics if this new one just reverses that direction? By stopping burns, it hands more power to whales to shape the system around their own preferences instead of the broader community. When DOT is burned, everyone benefits from reduced supply and a clearer economic model, but in this proposal the main advantage goes to large holders while tokens stay in circulation under their influence. That does not look like a sustainable business model, it looks more like governance drama or a circus, and it feels unfair to smaller holders who trusted the previous economic direction. On top of that, changing the rules before the burn mechanism is even fully applied is discouraging for new holders, because it shows that tokenomics and community decisions can be reversed at any time, making it much harder to trust the long‑term direction of the DOT ecosystem.
Reasons:
Overall, the potential risks to network security and fairness outweigh the benefits presented in this proposal.