[WFC] DOT #1781 - Urgently Halt DOT Treasury Burn

OpenSquare

Discussions

13zn...P5ju

End

active

Description

https://polkadot.subsquare.io/referenda/1781

The treasury burns 1% of its funds every 24 days.
This burn destroys DOT tokens that could be used for other purposes.
The supply of DOT is now capped, making each token more valuable.
Treasury income is expected to decrease over time.
Halting the burn would save funds for things like network security and community projects.
In 2024 alone, 1.66 million DOT were burned.
Gavin Wood, a key founder, supports stopping the burn.
Voting "AYE" means you want to stop burning treasury funds.

Cast your votesingle

Results

Voters

one-person-one-vote

Information

IPFS

#QmahBh1

Members

Timestamp

Created

Nov 07 2025 06:53

Start date

Nov 07 2025 00:00

End date

Jan 06 2026 00:00

Votes·3

167Y...TY9F

167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F

Abstain

I would prefer to have more efficient spending enabled by better OpenGov tools, instead of throwing more $ at it that will dilute the coin.

14gM...deVb

14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb

Nay

Pushing to urgently halt the burn before we’ve observed any macro effects feels premature at best, opportunistic at worst.

I'd say I have same feelings with Polkadot Poland DAO.

12Hi...E9N3

12His7t3EJ38tjdBbivUzWQeaNCLKfMqtKp1Ed3xHMyCE9N3

Nay

Let's not "URGENTLY" do anything for a while and wait for the effects of upcoming changes to the tokenomics. I'm very disturbed by the recent "push all buttons" approach to play with the fundamental economics of the ecosystem. I also find it a bit cringe to see all these "Gavin Wood as my witness" proposals that have been popping up in the past few weeks. The man is perfectly capable, as we have seen recently, of pushing proposals to the ecosystem so I would expect he's more than happy to propose any change he would like to see community to vote on. This "plus royalistes que le roi" attitude is getting weird.