SUMMARY:
This proposal outlines a weekly, automatic burn of 100% of ResearchHub Foundation's tokens collected from transaction fees (currently 2% on funding and bounties).
MOTIVATION:
Aligns ResearchHub Foundation with the greater community. It reinforces ResearchHub Foundation’s role as a neutral, community-first protocol steward rather than a rent-seeking middle layer.
PROPOSAL:
- Source of Funds: 100% of ResearchHub Foundation’s fees collected from on platform transactions (currently 2% platform fee but subject to change)
- Mechanism: All accumulated RSC will be sent every 7 days to the null address (0x0000000000000000000000000000000000000000)
- Monitoring: Burns can be monitored onchain
- From: ResearchHub Hot Wallet (0x7F57d306a9422ee8175aDc25898B1b2EBF1010cb)
- To: Null Address (0x0000000000000000000000000000000000000000)
EXPECTED IMPACT:
- Positive: Drives stronger tokenomics, and demonstrates commitment to the community.
- Risks: Removes a revenue stream for the Foundation’s operations.