Hello and thanks for your proposal !
I do like the spirit of the proposal, but i think it’s not going far enough. I already proposed something different in here if you want to have a look : Questions on the relationship between Set labs and INDEX coop
In my opinion, first we need to know what IS the INDEX token for the Set team, and then, depending on the team’s answer, define a token allocation strategy accordingly : mine being that we should reduce the team allocation drastically and create an operational treasury system funded by the streaming fees of our indexes (same as Yearn). This is the only way to ensure fairness and decentralization of the Indexcoop.