# Burning Algos Proposal for Period 8 **URL:** \ **Category:** Governance Discussions\ **Created:** [May 30, 2023, 5:16am UTC](https://forum.algorand.co/t/burning-algos-proposal-for-period-8/9695 "2023-05-30T05:16:24Z")\ **Posts on this page:** 1\ **Showing post:** 21
**Author:** ![vegycslol](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.algorand.co/vegycslol/32/1930_2.png) [@vegycslol](https://forum.algorand.co/u/vegycslol)\ **Post date:** [May 31, 2023, 7:02pm UTC](https://forum.algorand.co/t/burning-algos-proposal-for-period-8/9695/21 "2023-05-31T19:02:31Z")
Transparency and predictability of monetary policy is one of the most important properties of a blockchain. Therefore changing monetary policy should be only considered as a last resort and I don’t think we’re even close to that yet. We still got great development teams and to me it also seems like Staci has found a group of motivated and capable people. It takes time though to set everything up and make the right plans, so I expect the impact of this group to show more towards the end of the year. Since you want strategy, here’s a better one: be patient and don’t look at the prices. Such proposals are almost always a result of someone being overly invested in an asset. What has been done in the past doesn’t matter, we can’t change that so it’s pointless to argue about that. For the future what we’re missing is natural growth of the community (more communication between foundation/inc and community would imo be a good place to start). --- _[View the full topic](https://forum.algorand.co/t/burning-algos-proposal-for-period-8/9695)._