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Muse DAOMuse DAOby0x4B5922ABf25858d012d12bb1184e5d3d0B6D6BE4musedao.eth

Burn additional MUSE generated by staking Contract

Voting ended about 5 years agoSucceeded

As stated in the past, when we deployed the staking contract we didn’t want/have time to change any of the original MasterChef.sol code to avoid introducing new bugs, a side effect of this is that for every MUSE generated for LPs, the contract also generates 10% extra and sends to the proxy “DAO” wallet.

Changing contracts would be a big hassle right now with all the users providing their LP tokens to the contract.

I recommend once a month to burn the additional MUSE generated, this would come at about 1500 MUSE burned per month.

This is the forum thread that lead to this on-chain proposal: https://forum.nft20.io/t/burn-muse-generated-by-masterchef-contract/52

Off-Chain Vote

Yes, burn the muse
48.62K 98.9%
No, leave it in treasury
537 1.1%
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Timeline

Mar 15, 2021Proposal created
Mar 15, 2021Proposal vote started
Mar 17, 2021Proposal vote ended
Mar 21, 2025Proposal updated