DEVELOPERS DEVELOPERS DEVELOPERS […]
Now that I have your attention, first things first:
There is not a single good reason (I am aware of) to burn a single unclaimed PNG. The litepaper simply does not state what happens to unclaimed PNG. Furthermore, everybody that is involved as of today must have considered that all these potentially airdropped PNG might become part of the circulating supply - and not just that, but even within just a month! Therefore, just burning the unclaimed funds now (short-sighted hopes of a little pump aside) would be a pointless waste.
The reality is, there is a long-lasting shortage of crypto developers that is a very common bottleneck of what is essentially the whole space. This means developing man power is an invaluable resource!
For that reason, I make the obvious proposal to seize the massive opportunity that is the huge unclaimed chunk of PNG and fund a developer-exclusive treasury! Governance could then decide what to spend these funds on in a very detailed way: Be it
- the implementation of feature requests agreed upon by governance,
- funding the implementation of features proposed by devs,
- and much, much more we couldn’t even think of today!
With its enormous size, such a treasury could easily rake in the invaluable work of hundreds of developers over decades to come. Thus, such a developer-exclusive treasury could give the pangolin DEX a long-lasting advantage over current and future competition.