With the Voltswap launch, there will be more and more transactions on the Meter network. Currently the transaction fee MTR is given to the validator node that produces the block. However in many POS network, the transaction fees go to the treasury and used to repurchase the token to create deflation for the staking token.
We propose to redirect the transaction fee to a foundation account and use the fee to repurchase and burn MTRG on monthly/quarterly basis. This will create long term support for MTRG