After the initial airdrop of the FPIS token, approx. 1.7m FPIS have been unclaimed after the deadline. This proposal will help to clarify how to make best use of them.
Background and Motivation
Currently, the FPIS remains in the FPIS contract. We should vote on what to do with them.
There are two options.
1 Burn the unclaimed tokens
The total supply if FPIS is 100m. Burning the unclaimed tokens will help keep the peg of FPI by being able to mint FPIS tokens in the future. Side effect is a potential increase in FPIS value due to lower circulation.
2 Do nothing
If you are not sure what to do with the unclaimed tokens and option 1 is not the best way, this option is for you.
For: Burn the unclaimed tokens
Against: Do nothing.