Thanks for all the feedback, folks. @Cerba and myself have discussed this and we hear your concerns. We need to think about how this could be designed to address the issues that you have raised so far - I would not expect this to be reaching a governance vote before we do that.
I’m inclined to think that this might be a transparency issue, so it bears thinking about what sort of information could put the community at ease. For instance, it’s perfectly possible that the concern isn’t as trivial as “team members” (which could be someone holding merely a handful of MNDE), but in general large, concentrated stake swaying the protocol’s actions. In that way, it might be connected to the topic of vote multipliers as well.
Let us take some time to get data, create a few models, and come back with suggestions.