There are current tokenomics discussions, and a vote, please read them, there is a lot of information shared.
The short version is: with the current contract we can only have symmetric values and diabled - enabled values.
This means that we can have (buy - sell):
0 - x, where x can be anything from 0.1 to 99.9)
x - 0
x - x, where x is the same value for both
So we can have 0-7, like now. We can have 3.5-3.5, like the current on-chain vote. We cannot have 2-5, or anything similar without another contract migration and all the confusion that entails.
We can turn the redistribution on or off, but again, only if it applies to both buy and sell.
As far as I’m aware, we don’t have a burn functionality in the contract. What we have is redistribution, and we can enable or disable redistribution to the burn wallet (this is how we’ve always burned), the only tokens that get burned are the ones that are rounding errors during a transaction.
Our biggest concern right now is raising the SLP, because that’s the money we’ll use for lending, so the bigger the SLP, the more returns we have when staking. Currently, the SLP is at 500k usd, which, frankly, is nothing. Our only chance of changing this quickly is volume, and riding the wave for every kind of transaction.
All of the above is the reason why we as a community decided to compromise on a 3.5% buy tax, 3.5% sell tax, no redistribution, all to SLP.
Well, I’m talking in past tense, but the on chain vote is actually still ongoing, for a few more days.
Please go and vote here on whatever you believe is right, in light of the above information: