Community members can all participate, but few can afford to get their hands dirty.
Jordan intends the burden of being a signer is worth some money. A number of community members are willing to do that for free, but it is not healthy to rely solely on charity, and some have stated they do not wish to take a large burden. On the other hand, there are clear barriers to making shareholders pay signers, so a good compromise would be paying those who are willing to go an extra mile or two.
The decentralization of management of custodian funds is a new component of the network, which means there is going to be a project with a fresh start, a clear goal, and a well-defined executive body. There’s a lot we can do for tier 4 liquidity - accountability measures, monitoring, data mining and automation, but we have so little manpower we can command or consistently rely on. It is a good opportunity for the expansion of network funded community efforts.
I understand that shareholders would have limited interest in this kind of proposal until they see deliverables or unless it is done by a more reputable member. There may be some better arrangements than this one. But I’m stepping up because nobody else has dared. I would be happy to vote for certain members had they proposed the same, perhaps more so than voting for myself.
