TechFlow news, Sam Harcourt, Asia Business Director at the Fantom Foundation, has released a new proposal within the Fantom community suggesting that one-third of transaction fees previously allocated for burning be redirected to establish a treasury supporting ecosystem projects.
The Special Fee Contract (SFC), originally used by Fantom to distribute rewards to stakers and delegators on the network, will hold these funds. If approved, the Fantom Foundation plans to disburse grants via on-chain automation services such as LlamaPay. The Foundation also stated it will develop its own automated payment functionality for this treasury. The proposal initiated voting on July 5.
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