In my opinion it is not a good idea that exchequer can unilaterally decide the SOV incentives for AMM and lending pools. This adds centralization, and excludes the community. I had some thoughts about another way that would empower the circle of tokens and the bitocracy, and also would be more in line with what other protocols like AAVE or Osmosis are doing.
It would go something like this: COT submits a basic report with suggestions on which pools should receive incentives, how much and why on a regular basis. These recommendations would then be put to a simple yay or nay vote by the Bitocracy. Yay means the changes are implemented, nay means incentives remain as they were.
To not make this too much of a burden, this would not be done weekly, but biweekly or monthly.
I do not think making adjustments weekly, biweekly or monthly would lead to a materially different outcome. I also think that realistically not much would change, because most voters probably would go with the COT recommendations anyway.
Nevertheless, it would remove a point of centralization, increase transparency, empower the community through the Bitocracy and allow for more ideas and discussion, all of which could only be positive.
I would appreciate any thoughts on this idea.