Thank you for your well detailed feedback. I think that as community member you have all the rights to feel worried for the future of the Hub and ask for more deep analysis.
A risk assessment report for any big change in the tokenomics is something that I also suggested with a group of friends in the Charter thread:
The recent events showed that the community deeply care about the Hub and it is definitely important to build a stronger connection and transparency between builders, validators and community members/ Stakeholders.
A lesson to learn is that the community should be part of the decision making progress and feel always considered in decision that move the Hub towards new innovation, we should work to create more collaboration.
I don’t agree completely in the comparison with traditional finance, because a decentralized network is obviously not comparable to a traditional fintech. We have yet to discover the best practice for communication in a decentralized network. DAO or Council seems the tools in the Crypto space that could provide the report that you are asking. So this is something to be considered for example with a spend proposal, to fund for example a team that can provide specific reports, if we aim to follow to have a more decentralized Hub.
I don’t agree to define the upcoming Community Tax proposal as tokenomics change or something that need a risk assessment report, because it is not a proposal that requires the introduction of new tools.
The community Tax already exist by design, currently set at 2%. Increasing the tax requires only to change an existing parameter and it is an action already in the design of Cosmos chain. In this specific case the Community Tax increase is required because the Community Pool is the tool that the community can use to fund development and also eventually create spend proposals for have a team working on specific reports as you suggested.
The community pool is how a decentralized network can achieve an independent status, many Cosmos Chains with a lower market Cap currently have more funds of the Hub. The best example is Stargaze that with a 50M market cap, has a community pool valued 20M USD, the double of the Cosmos Hub valued at 10M USD.
This is the signal of a Community Pool that needs to be reinforced in order to reflect what the Hub currently is, a leading Cosmos Chain. The Hub should have a community pool well funded in order to accomplish multiple tasks and push forward development, indipendetly from the external companies that in the past took the effort of supporting the Hub.
The community tax, being already in the design, has been recognized as the best parameter to achieve the goal of funding the Community Pool. And it is our chance as community to make an effort to support the Hub and restart a collaborative environment after difficult weeks of discussion.