First of all, the proposal should be coming from Double Coconut. It is currently too vague and it should have detailed plan on a reward system that is beneficial for DAO. With the current proposal, Double Coconut can just make 1 DEC burn and DAO have to allocate 1M SPS to Soulkeep monthly. This type of proposal is just open for abuse. Double Coconut can just drag on the implementation, where DAO will still keep paying their users.
The DAO should stop the SPS allocation until Double Coconut implement features that are detailed out in THEIR passed proposal.
Why Double Coconut is so special that DAO can trust them fully to allocate 1 M SPS monthly without implementing anything that is beneficial to DAO? In the meantime, Double Coconut can pay the reward out of their revenue in the game.
Just to make you aware of the update. I spoke to him again today and expressed the desire for transparency in what amounts would be burned. He's agreed to burn 50% of the DEC and I've update the proposal to reflect that.
Yes. That is better but it is even better to have a timeline. If they could not meet the timeline, DAO will stop the SPS rewards. This is not a high ask, in fact they are currently receiving SPS that are not supposed to be issued out.