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RE: Update on Steem Proposal System/Steem.DAO
If you only go with "voluntary donations" you might as well do nothing. Thats what all this will amount to.
STEEM is suffering partially because of pure, unrelenting greed so please dont think relying on donations will yield any results because it wont. Initially Steemit.inc might donate some.
This most definetly isnt worth 150k Steem from Steemit.inc if donations remain as the funding option.
The author reward cut is important because it will create other positive side effects along with providing funds for the betterment of the platform.
Thats the course of action we should take and let stake holders based on stake make the call.