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ResearchHubResearchHubby0x29E46015cCFe13cfe8dC96D75760a6290dF311Ee0x29E4…11Ee

RIP-23: Transaction Fee Burn

Voting ended 6 months agoSucceeded

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.

Off-Chain Vote

For
2.04M RSC100%
Against
0 RSC0%
Abstain
0 RSC0%
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Discussion

ResearchHubRIP-23: Transaction Fee Burn

Timeline

Aug 08, 2025Proposal created
Aug 08, 2025Proposal vote started
Aug 11, 2025Proposal vote ended
Aug 11, 2025Proposal updated