[WFC] DOT #1781 - Urgently Halt DOT Treasury Burn
[WFC] DOT #1781 - Urgently Halt DOT Treasury Burn
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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.
Appendants
1
#1
11h ago

Vote #1 submitted.
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WISH FOR CHANGE

8 available members
🟢 1 • 🔴 2 • ⚪️ 1
✓ ≥50.0% required participation met
✘ Ayes <60.0% of all votes
▶ Aye/abstain conditions not met
🔴 NAY

No CoI reported. DV delegation exercised.
https://assethub-polkadot.subscan.io/extrinsic/10379795-3
https://polkadot.subsquare.io/referenda/1781#26
Cast your votesingle
Results
Voters
5
one-person-one-vote
Information
Members
9
Timestamp
Created
Nov 07 2025 06:53
Start date
Nov 07 2025 00:00
End date
Jan 06 2026 00:00

Votes·5

167Y...TY9F
167Y...TY9F
167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F
Abstain
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
14gM...deVb
14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb
Nay
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
12Hi...E9N3
12His7t3EJ38tjdBbivUzWQeaNCLKfMqtKp1Ed3xHMyCE9N3
Nay
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.

12s6...nE8h
12s6...nE8h
12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h
Aye
Aye

Given the major tokenomics shift coming, it makes sense to stop the treasury burn now, even if (and maybe, because) it's just 1%.

14Gn...YLEh
14Gn...YLEh
14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh
Nay
Nay

I agree 100% with what The Ionian said. I believe that this type of manipulation in OpenGov does not help us achieve high-level governance.
Furthermore, I believe that we should evaluate in greater detail what may happen in terms of expenditure from now on.

Discussions·0

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Information
Members
9
Timestamp
Created
Nov 07 2025 06:53
Start date
Nov 07 2025 00:00
End date
Jan 06 2026 00:00
Results
Voters
5
one-person-one-vote
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