First off, I really appreciate we’re having this open discussion; it’s the way I envisioned a truly decentralized governance model would work, so it’s great to see it happening in practice.
I can also see the level of engagement and anxiety it brings, and I see that as a good thing. First, because it means people care about this, and secondly, because it’s a testament to how true democracy plays out in practice. It’s often messy by nature because there are potentially as many perspectives as there are individual participants! The “easy” thing would be to make a top-down decision, while it’s much harder (but complex is a better term) to make a bottom-up decision because we need to reconcile zillions of different views into one single decision. But at the same time, that’s the richness of it, so I’m glad this is happening!
Now, I still don’t have a definitive or well-educated position on this as I’m more of a spectator at this point. I will definitely look to learn more and potentially contribute more at Monetarium. However, I do have some high-level mental models that I’d like to offer here to start with on each point:
Supply Release: Fixing the supply release schedule makes sense to me. This helps provide predictability, which leads to certainty and confidence, positively impacting performance in the long term (or at least using things like caps or ranges would do the job). Also, maybe applying a decreasing inflation rate curve BTC-like (maybe not discretionary halvings every 4 years, but something a bit more continuous and a bit shorter).
Supply Allocation: Finding the right balance to make it sustainable both in the short and long term. For me, that includes ensuring we’re at least covering a healthy allocation share across three areas/stakeholders: 1) Market/Customers: Allocation to support adoption and expansion to promote future growth of the Reserve ecosystem. 2) Partners/Workers: Allocation to compensate people and organizations that are devoting time, energy, or resources to develop and improve the Reserve offering to the world. 3) Investors/Supporters: Allocation to reward holders somehow for supporting the project by devoting part of their own capital and for them to not have to wait very long to see the benefit.
These are my 2 cents for now! Looking forward to meeting more people and further discussing this at Monetarium with y’all!