currently the % of cake burned of all transactions on pcs is 0.05. this is in my opinion a wasted opportunity to burn more cake.
with a 100$ transaction this means a 0.05 cent burn.
my proposal is to increase this to either 0.15% or 0.20%.
this week we bought back 4.7M in Cake from the 9.4 billion dollars that went through pcs.
increasing this to 0.15 will be a 14.1M weekly burn increasing it to 0.20 will be a 18.8M burn
this ofcourse depends on volume of pcs.
this is also in my eyes a better and quick solution than keep lowering the emissions and cutting down the APY. most people wont notice paying 20 cents instead of 5. but the APY dropping 5% will shake people off.
also when pcs grows to be even bigger and have more total volume we could be deflationary faster than we think. and we wouldnt even have to keep lowering the emissions.