We are fractional reserve because there is no other revenue and we need to profit.

The beauty of the Dual burn auctions scheme is that it makes Nu an opportunity for every one, just like Bitcoin mining in its early days, since the code decides when to start an auction and only the free auction decides the burning rates, Share holders may not like the idea at first, but it will :

Free the community from the operational worries, then we can focus on marketing and providing new services and revenues.

This open spirit and code controlled system may attract more developers to help the Nu team

As the Nubits adoption increases Nushares will get more scarce and much valuable, both in the price and dividends.

Reserves worries will come to an end, since it will be up to the code to solve the Nubits over supply and sustain the peg, liquidity security on the exchanges also will be everyone’s responsibility not ours.

But first the system needs other steady revenue to be divided on the share holders other than selling the Nubits, i like the transaction fees as it requires no human operation and no trust needed and reward share holders for what they are really contributing to the network: minting.

Further details may need to be discussed to customize this vision but i think it is very promising.