<p>In addition to burning 100% of transaction fees, Moonbeam's emission rate needs to be cut by at least 95%. How can this be done? What are the relevant factors? It seems tokenomics must change to make GLMR <em>severely</em> deflationary. For example:&nbsp;</p>
<ul>
<li>Additional burns (e.g. staking rewards)&nbsp;</li>
<li>Eliminate or reduce inflation/emissions</li>
<li>Token buyback and burn</li>
<li>Hard cap on total supply</li>
<li>Dynamic burn adjustments</li>
</ul>

- **Problem Statement:** Moonbeam's emission rate needs to be reduced by 95% to make GLMR deflationary.
- **Significance:** Changing tokenomics is crucial to address the issue and make GLMR severely deflationary.
- **Proposed Solution:** Implement additional burns, reduce inflation/emissions, conduct token buyback and burn, set a hard cap on total supply, and make dynamic burn adjustments.
- **Expected Outcomes:** Achieve a deflationary model for GLMR by implementing the proposed changes.

#290 Make Moonbeam severely deflationary