Abstract
This proposal seeks to gather votes from vlMGP holders on whether Magpie should support. The plan is to burn 200M LISTA, reducing the maximum supply from 1B to 800M. It would also replace the fixed rule that sends 40% of revenue to permanent freezes with a flexible system that can split this amount between rewards for veLISTA holders and DAO operational funding. The other 60% of revenue would stay the same.
Motivation
The burn would remove excess locked tokens beyond operational needs, reducing inflation risk and better aligning total supply with protocol growth. Changing the 40% rule to a flexible model would give the DAO more options to fund rewards, partnerships and ecosystem growth while still rewarding veLISTA holders.
For more details please check LIP 021.
Specification
Vote on whether Listapie should support the Lista DAO proposal in LIP 021:
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YES – Burn 200M LISTA and change the 40% allocation to a flexible model.
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NO – Keep the current supply and revenue allocation.