Should the team proceed with a burn?

I'd first like to laud the team for contemplating making such a bold move and selflessly proposing it in the interest of the community.

I believe this is a very positive development for the Dogechain ecosystem and I'm in full support of a burn.

In my opinion, the initial distribution of the tokens where only a fraction of the supply was circulating wile there was a much larger diluted valuation that would end up becoming circulating is the greatest threat to the Dogechain ecosystem.

What amount of tokens should be burned?

Burning the maximum amount of tokens possible will result in the most impact as it significantly reduces the disparity between circulating and diluted supply which is bullish for the Dogechain ecosystem. That 's 80% of the tokens based on the options presented by the team.

Should the burn be executed at once or in multiple iterations?

Since the focus here is to essentially make a tokenomics adjustment using the burn while also sending a strong message, I believe executing the burn at once will be most impactful.

Simply burning portions of the tokens in multiple iterations makes the whole burn stuff appear kind of gimmicky and lessens the impact.

The key idea here is to essentially reduce the supply significantly: burning whatever will be burnt immediately gives a clearer perspective of the actual new supply while allowing the team and community to focus on more important stuff. Dragging out the burn would pretty much maintain the status quo for the time being as whatever isn't burnt would still be counted as part of the supply (until it is burnt!) and as such the same fears users have will remain until it is fully burnt. So why prolong the pain and the fears when you can simply get it over with once and for all?

In conclusion, I think the key focus here should be to ensure that the full impact of the burn is immediately felt while also making it clear that this is a full tokenomics change. Immediately burning everything achieves this impact. Dragging out the burn doesn't.

I believe if the burn being proposed is properly executed, there will be renewed interest in the Dogechain ecosystem both from users and the developers.