$LUNC it needs to be volatile to burn more! Otherwise keeping 20% (approx 1.2 T) in staking and the traded volume not even matching rest of the supply (approx 5.3T) would take ages to transform this token to dollar contender.

Binance is putting lot of effort burning 50% of trading fees. Simple logic of monthly burning 1.2B tokens which are equivalent to $10K which in turn the overall traded volume of $(10000 / 0.01) x 2 which is $2M overall. In order to achieve better burning it should be volatile with a minimum of 20% swings to create that interest and pull in traders. Planning and drawing proposals won’t work in short term. Without the demise of Terra Labs it’d take another year and half to reach this burn levels.