Thanks for the balanced take on this topic. While it may still be early, this is a topic that needs discussion and agreement on the approach.
Here is an alternative approach for providing value to LQTY stakers I have presented here: Asset purchase(ETH / BTC) with BOLD
Instead of burning LQTY, buying assets like wBTC / stETH could be a potential solution of providing value to LQTY stakers, as the liquidity stays with governance(needs a wrapper I think around existing governance module) and the liquidity can be repurposed later on to other initiatives depending on need.