We have a history of rolling out things with the promise to improve, but implementation and execution of these improves often lags well behind any initial schedule.
Example: The VC raised executed months ago, mid may. Those investors were promised an additional 10% top up of INDEX tokens. Those tokens were paid for in May and it took 3 months for Index Coop to transfer those top up tokens.
The precedent for paying entities what they are owed is very poor. By further fragmenting the “haves” and “have nots” within in the community is not a good way to approach things when history tells us we are incredibly poor to progress from initial iteration to final design, ref. FLI product saga.
Are metal owls going to be back paid whilst Index Coop takes months to iron out the initial flawed renumeration structure ?
As this is so unclear and contentious - why embark on this approach without a committed timeline for implementing a holistic and fair methodology. The autonomy group already knows the genesis contract favours select entities and we know the contributor reward system is broken and bias towards a single role.
Why do we need to do this now ?
It is not on the Q3 agenda and furthermore is not deemed a priority at all. There is no dev time for implementing this if the priority is products. I think the dev work has been done offline and this discussion has made its way to the forum after the work was done in the background. @dylan can you confirm this to be so ?
The net affect will be that if all metal owls vote as a united block they will not be able to counter the voting influence of a select few within the community. Further to this the Full Time people will most likely fulfil future leadership roles, like a Board of Directors or the less influential expanded Funding Council. That gives ability to drive agenda and heavily influence the voting pushing the same agenda set by a select few. That is not really decentralisation is it.
Structurally and on a principal level, this push to give forward voting rights is not fair. Community ownership is through INDEX retention, not by receiving tomorrows voting influence today. I know some Full Timers are selling existing INDEX bags in preparation for receiving future INDEX rewards from a portfolio management perspective. Do we want to gift forward governance rights which will likely be partially sold once the token hits their wallet post vesting period. What signal are we sending by creating a class drive social structure within the coop.
If we look at history where laws separate fractions of society it leads to social unrest and uprisings, in some ways this sows the seeds for that future scenario to evolve. There is enough emotion in this thread that implies it has the real potential to be a pain point going forward. Why not take the time to develop a holistic plan. Each piece meal process amendment takes effort away from our core objectives. Just look at the effort and hours spent on the topic already.