Stake-to-Burn Pool for M3M3
Proposal Summary
To reduce the circulating supply of m3m3 and bring the remaining holders together, we propose a Stake-to-Burn Pool mechanism. Instead of distributing rewards, the fees generated by the pool will be used to buy and burn m3m3 tokens. The more liquidity is staked, the greater the burning effect.
How It Works
- Users stake m3m3 tokens in the Stake-to-Burn Pool.
- Fees generated from the pool (e.g., protocol revenue, swap fees, etc.) are used to buy m3m3 tokens from the market.
- These purchased m3m3 tokens are permanently burned, reducing the total supply over time.
- The more tokens staked, the higher the burning volume.
Benefits
• 
Reduces Circulating Supply → M3M3 becomes scarcer over time.
• 
Unites the Community → Encourages holders to work together to reduce supply.
• 
Increases Token Value → Lower supply can lead to higher demand.
• 
Sustainable Mechanism → No inflation, only deflation through burning.
Next Steps
• Gather community feedback.
• Work with Meteora to explore implementation.
• Conduct a governance vote to approve the proposal.
Would you support this proposal? Let’s discuss and vote! 