I've always the real alpha with ALCX is not the price action but the future revenue stream and it's passive income possibility. I'm a true believer in passive income and I'll obviously vote accordingly to support the revenue sharing approval.
As 0xFelix pointed out, taking money from the treasury could also be detrimental to the protocol. The revenue sharing model could be like the model from Curve but slightly adjusted. It could include:
- ALCX rewards to starve off inflation but would only benefit ALCX stakers. (does not apply if later on the inflation system is stopped)
- Rewards come in the form of alTokens, the reasoning which I agree, we are rravaging the treasure for personal interest instead of continued platform development. This could come in the form of additional "credit" in the vaults.
Overall. I agree completely with the revenue sharing model and further tweaks on how exactly to do it without hurting the treasury and the protocol system of generating more yield of sitting assets.