Hey all!
Some numbers for everyone to consider:
Feb 2nd :
Scheduled staking rewards: 16089537
LINA Rollover staking rewards: 7385794.520516955181780253
LINA Total staking rewards: 23475331.520516955181780253
LINA Fees accumulated: 1238.646160776684234628
lUSD Rollover fees: 453.299869257210132077
lUSD Total fees: 1691.946030033894366705 lUSD
Jan 26th :
Scheduled staking rewards: 16417894
LINA Rollover staking rewards: 7929220.159398203504948562
LINA Total staking rewards: 24347114.159398203504948562
LINA Fees accumulated: 1182.55096423143504975
lUSD Rollover fees: 1187.987939436329983238
lUSD Total fees: 2370.538903667765032988 lUSD
Jan 19th :
Scheduled staking rewards: 16752954
LINA Rollover staking rewards: 4884033.879595896712925965
LINA Total staking rewards: 21636987.879595896712925965
LINA Fees accumulated: 631.613712016581301803
lUSD Rollover fees: 696.34684113649560809
lUSD Total fees: 1327.960553153076909893 lUSD
Jan 12th :
Scheduled staking rewards: 17,094,851
LINA Rollover staking rewards: 4,628,301.92833514971462592
LINA Total staking rewards: 21,723,152.92833514971462592
LINA Fees accumulated: 2,623.93284983763384749
lUSD Rollover fees: 630.718070001599077481
lUSD Total fees: 3,254.650919839232924971 lUSD
Some thoughts, for your discussions (and I will assume the proposer is talking about a burn of LINA, not LUSD). I would advise that the community takes some time to digest what a potential burn would mean, i.e. approximately how much of supply would be burnt/week, how does this affect APY and also, maybe there are other options than a burn, like say it’s added to the allocated DAO funds. Etc etc.
Happy discussions!