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

Here's a simple summary of the proposal:

• The treasury currently burns 1% of its funds every 24 days.
• This burn destroys DOT tokens that could be used for other purposes.
• The total supply of DOT is now capped, so treasury income will decrease over time.
• Burning funds reduces money available for projects, security, and network growth.
• In 2024 alone, 1.66 million DOT were burned.
• The burn was originally meant to encourage spending, but may no longer be needed.
• The creator of Polkadot, Gavin Wood, supports stopping the burn.
• Voting "AYE" stops the burn and saves treasury funds for future use.