here’s what I’m thinking … no need to draw it out in a long response.
Provide DeFi protocols with $10M+ in TVL with 50% of the governance rewards, split pro rata, to distribute as they see fit. No need to complicate this with seats and tiers etc…
More importantly, I would propose an allocation of the governance rewards be provided to DeFi protocols, that meet certain criteria, for the sake of paying for rolling audits. Perhaps the Algorand team could also be considered an auditor so that these protocols would just pay back the foundation (but not obligated to use the foundation’s team).
Security should be focus #1 today!