Buyback & Burn is the winner

Firstly, this cannot be switched on for 180 days post lanuch, that’s written in code.

Secondly, buy and burn gives the VC’s you hate so much more power as it leaves less Uni on the open market for us, and their proportion of the total will increase and eventually could exceed 50%.

Sure, I’d like the price to go up but never at the cost of ruining decentralisation, allowing the public to have less than a 50% share of the tokens.

In terms of taxes, while I pay mine it’s safe to assume a lot in DeFi are less willing to generally and we shouldn’t be creating a structure based on what’s gives you in your country the most post tax gain, it needs to be what’s good for the protocol as a whole.

I have more reasons posted on the channel linked below, I’m not sure why you’ve created a new one, and I’ll only respond there in future for related questions so we don’t have 100’s of duplicated channels.

https://gov.uniswap.org/t/poll-how-would-we-structure-a-fee-reward/5790/93

8 Likes