Hi Celo Core Co, kindly consider adding a variable burn field that can be voted on for “Net distributed to the Community Fund.”
As ex. we would support burning 25% of the Net distributed to the Community Fund on an ongoing basis to help keep CELO disinflationary. To account for changing public opinion, maybe every 6-month votes would work on what % to burn from 0% to 100%.
In addition, kindly confirm how the “daily market price is calculated” for the “Sequencer revenue — fees paid in stablecoins converted to CELO at daily market price”. Can a limit order, or volume weighted average price protocol be implemented to ensure the price doesn’t runaway when this is executed?