The QPIP-3 proposal aims to adapt the protocol fee burn ratio within Qredo Network to maintain an appropriate balance between the transaction cost and the price of QRDO tokens. The current protocol fee, which burns 2 QRDO per transaction, was established when the QRDO token was valued at $0.05.
With the price of QRDO now at $0.03 per token, this proposal suggests increasing the protocol fee (and therefore, the burn ratio) to 5 QRDO per transaction.