On the point around alternatives - would it be helpful to consider kicking off a model where Pooltogether (or any partner protocols) could work on setting up ‘limited/whitelisted’ native token pools as a basis for setting up borrowing markets?
The intention would be to allow for:
i) Compound to run essentially a pilot program to kick-start new money-markets with partner protocols and build up reserve proceeds before opening these up to the broader market
ii) Enable partner protocols to tap into a line of diversification (beyond outright sales) and allow them to start thinking about filling in operational/working capital needs
iii) Potentially provide a good use for staked COMP to serve as a backstop for higher-risk/reward yields
Could have limits imposed pertaining to collateral and reserve factors as well as limits on the money-market sizes for these.