Skip to content
Cosmopediaby Unity Nodes
DiscussionsProposal IdeasNot to burn slashed ATOMsForum ↗

Not to burn slashed ATOMs

Proposal Ideas5 posts1,261 views11 likesLast activity Jul 2019
DE
derfredyOP
Jul 2019 3

Following the first double sign in mainnet and as a result of the 5% punishment some of us wondered where those ATOM were going.

Surprisingly those ATOMs are simply burned.

After an interesting conversation on one of the millions Telegram groups we finally thought that burning ATOMs after an slashing event is not the best destiny for them. For the contrary it was suggested to send them to the community pool or a similar wallet managed by community governance. Thus, we would give those ATOM a happy end with the chance of helping community projects.

The goal of this threat is to compose a proposal and submit it to the network.

Please, feel free to comment your ideas here.

Regards.

ME
melea-trust
Jul 2019 4

Atom slashed have to be a Atom burned.

Why?

Legal stuff and Imagine get slashed intentionally only to obtain the Atoms of others.

Well here comes the legal. if the atoms are not burned then they can claim them, because it is like a robbery.

WI
wimel
Jul 2019 1

Those funds could be used to help create events, hackathons… or even to make a meeting with all the validators, I think that is not talking about sending funds to a person, but to the community, if you choose slash those ATOMs will not be for you, I think it is a good option leave those funds for the community.

MO
molman
Jul 2019 2

I think it is better to burn, for the deterrence.

09
09qw123
Jul 2019 1

There is a community tax pool for the purposes you’ve described @wimel .

← Back to Discussions