Blockquote Validators start off with to much power
I agree on that, partly at least, but our model doesn’t want to crush validator power, just rebalance. We think that this will mostly happend with the LSM (liquid staking module) if we improve it by adding a “Vote Transport” function that moves the vote along with the liquid staked representation. Anyone using LS will stop delegating his vote to the validators it has chosen for security. That breaks the bond between security & governance delegation. People would delegate security to validators, and governance to councils in the treasury module.
Blockquote why make a foundation council when there is already the ICF?
The model we build is applicable to any chain & DAO. That’s why we want it chain agnostic as much as possible. Any chain having a foundation, should formalize the council easily, they would just have to delegate their foundation LS tokens to their foundation council. We use that model to define the basic requirement to call a DAO. It requires 4 councils, otherwise you dont have a DAO, your have relatively centralized operating governance. Here’s our standpoint