Hey Etienne,
Your concerns are understandable. From Set’s perspective, there are a few lines to delineate:
- Set is a prime brokerage and is not going to be launching strategies on its own, rather its role is to serve the individuals and communities launching strategies on top.
- Supporting $INDEX and Index Coop will be Set’s main focus for the foreseeable future and Set will not be supporting index strategies outside of Index.
- Re: allocation, we believe in fairness. If we do not live up / earn the slotted allocation, we will be glad to make adjustments / reparations. That said, it is still too early to be able to judge what everyone’s contributions actually look like yet.
- Except in the initial transitionary phase (where the community learns how to govern itself and the multisig is in Set control), Set will never have > 50% voting power. It is the community that must govern Index Coop.
- Totally agree re: the Operational Treasury. All fees of Indices under Index Coop can be used for whatever purposes the community decides and hopefully get the Coop to a sustainable place.