# Against the burning of $MGP

**URL:** <https://gov.magpiexyz.io/t/against-the-burning-of-mgp/40>\
**Category:** 1. Welcome / Rules\
**Created:** [December 2, 2022, 7:59pm UTC](https://gov.magpiexyz.io/t/against-the-burning-of-mgp/40 "2022-12-02T19:59:02Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![orsofinance](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.magpiexyz.io/orsofinance/32/22_2.png) [@orsofinance](https://gov.magpiexyz.io/u/orsofinance)\
**Post date:** [December 2, 2022, 7:59pm UTC](https://gov.magpiexyz.io/t/against-the-burning-of-mgp/40/1 "2022-12-02T19:59:02Z")

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Hello #MagpieArmy I don’t want the $MGP token to be burned, I want the 40% to go to Magpie’s treasury. I would like a vote for that.

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**Author:** ![Tisz](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.magpiexyz.io/tisz/32/49_2.png) [@Tisz](https://gov.magpiexyz.io/u/Tisz)\
**Post date:** [December 5, 2022, 12:07pm UTC](https://gov.magpiexyz.io/t/against-the-burning-of-mgp/40/2 "2022-12-05T12:07:32Z")

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Nah let’s burn it, good for long term. Other 40% goes to mWOM and vlMGP Staker Emissions pool 50/50, plus we have to vote for rest 20%. Any ideas for it ?

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**Author:** ![orsofinance](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.magpiexyz.io/orsofinance/32/22_2.png) [@orsofinance](https://gov.magpiexyz.io/u/orsofinance)\
**Post date:** [December 5, 2022, 12:26pm UTC](https://gov.magpiexyz.io/t/against-the-burning-of-mgp/40/3 "2022-12-05T12:26:41Z")

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> [@Tisz](#):
>
> Nah let’s burn it, good for long term. Other 40% goes to mWOM and vlMGP Staker Emissions pool 50/50, plus we have to vote for rest 20%. Any ideas for it ?

It’s your opinion but I would like it not to burn but to stay on a long-term portfolio for the hard times of Magpie you know that there may be problems and such but if we harvest the treasure for a long term I think it would be better for Magpie, I want it to be seen as an insurance contribution for hard times.

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**Author:** ![Jultoshi](https://avatars.discourse-cdn.com/v4/letter/j/ecb155/32.png) [@Jultoshi](https://gov.magpiexyz.io/u/Jultoshi)\
**Post date:** [April 6, 2023, 4:14pm UTC](https://gov.magpiexyz.io/t/against-the-burning-of-mgp/40/4 "2023-04-06T16:14:40Z")

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yep this is a great Idea
