Instead there must be another model, similar to Monero forum funding system (FFS).
When some development needed you introduce a project, people vote on it and pledge money, every milestone approved by competent people will be financed by money pledged. Pretty transparent model, requires responsible voting.
Every project must be carefully expected, any different model leads to irresponsible spending. Anyway that question must be raised in 2021 for example, not today.
In the current state of the project “governance” simply does not work well, 2 and 1/2 people vote, premine stake has preemptive power.