# Proposal: Trial One-Time BNT Burn from V3 Fee Wallet

**URL:** https://gov.bancor.network/t/proposal-trial-one-time-bnt-burn-from-v3-fee-wallet/4064
**Category:** Deprecated Proposals (NOT SUBMITTED)
**Created:** [August 31, 2022, 11:21am UTC](https://gov.bancor.network/t/proposal-trial-one-time-bnt-burn-from-v3-fee-wallet/4064 "2022-08-31T11:21:55Z")
**Posts on this page:** 1
**Showing post:** 9

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### Author: ![OverAnalyser](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/overanalyser/32/1418_2.png) [@OverAnalyser](https://gov.bancor.network/u/OverAnalyser)
#### Post date: [September 2, 2022, 12:16pm UTC](https://gov.bancor.network/t/proposal-trial-one-time-bnt-burn-from-v3-fee-wallet/4064/9 "2022-09-02T12:16:20Z")

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I think burning BNT is a worthwhile experiment.

* * *

However, I’m wondering if will get people to buy and stake BNT.

How about we do two things:

1. Set all B3 vortex fees going forward to accumulate to BNT stakers - I’m estimating a 20x increase from 0.35% to ~ 7% yield.
2. Take the 650 K BNT in the B3 vortex, stake it in B3, then burn the bnBNT over 2 months to auto compound for BNT stakers (~1.3% of supply over 2 months ~ 7.8% annualised).

Then we get: 7% long terms income for BNT stakers with a 7.8% Bonus for 2 months = ~14.8% native income purely from fee income.

We have ~204 M BNT in circulation (including protocol owned), and ~45 M BNT staked, so we can burn 0.3% of the total supply, or generate 1.3% income (absolute) for BNT stakers.

Would that generate a stronger BNT open market buying pressure than burning the 650 K BNT?

- Would you buy BNT if you knew 650 K was being burnt?
- Would you buy BNT for 14% yield? 🤔

[More thoughts in [this thread](https://gov.bancor.network/t/a-stronger-bnt-a-major-component-towards-repairing-bancor/4035/17)]

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