First, I’d like to apologize for not being able to join you guys during the AMA.
Family was around in advance unexpectedly, and familiy first.
Anyway, thanks to @zaccheah for answering my questions in this forum.
As far as EIP-1559 and FunctionX (and thank you @SCENE for pointing that out), base fees are importantly reinvested in the Community Spend Pool fund (38.6M $FX as of now). Cosmos-based blockchains usually do not burn tokens (except when doing mint&burn crosschain transactions).
It again comes back to what should be burnt, and what should be kept in the blockchain.
From what I’m seeing regarding the rythm and objectives of this project, we could keep it as is for now, and one day, decide (DAO) to burn part of the CSP if we deem it necessary. But first, I’d love to see much more validators and use cases. When we reach that point, we could push this discussion further.
We’re in the middle of a crypto crash and any discussion about this right now will have absolutely no effect on the project and/or the market cap.