Bumping this thread in an attempt to get some responses from TMC about whether they still want to put this policy to a vote, or have decided to let the recommendation rest without further action.
Note that the TMC proposal does not currently grant power to limit withdrawals to accrued interest only, nor does it provide a structured process for withdrawals, implying a DAO vote will be necessary for any programs that do not have a TMC mechanism built into them. The TMC proposal also does not grant AF discretion to approve or deny requests at its sole discretion.
So if TMC really wants one or more of these items, it needs to move the proposal forward to make them a reality:
TMC should be considered incomplete until a streamlined structure is in place to recall assets now that they are deployed.
We will also take this time to again suggest that TMC and STEP collaborate for a single work stream to process requests, since market volatility may make it more desirable to make withdrawals from one bucket of funding vs the other.
Our further suggestion is that to the extent discretion is delegated to AF or another party, it should be up to a specific limit (both individual request and lifetime requests by a given recipient or from a given program), at which case it again needs to follow the general proposal process or a vote to reset those limits.
We do not think the unaltered proposal is ready to move to Snapshot, and would be a wasted opportunity to build a high quality process.