I donāt think this should have been put up for a vote yet. If it remains up, I am voting no, mostly for that reason and particularly so given the strong reactions weāve seen so far.
In an effort somewhat break the brigade and turn this into a productive discussion, I think itās important to note that what @RichardShart is suggestingāthere can be value creation from making treasury assets productiveāis a legitimate idea and itās been tried a ton before and written about quite a lot. I think the first time it was discussed was in this Placeholder blog post: Stop Burning Tokens ā Buyback and Make Instead ā Placeholder. Pickle Finance went on to implement something like this: Into the Brine Vol. 5 ā Smart Treasury and Basis PickleJar | by Pickle Finance | Medium Iād be very curious to hear how it worked out for them and what they learned as a result.
In short, this proposal as itās written needs to be discussed in a lot greater detail and consider some major revisions and plans based on community feedback. The way Iām reading this, it feels more like pool2 incentivization which is likely not a good use of resources. A better program would consider some of the ideas from the links I posted above. Otherwise, itās also just not time to vote on this.