I support creating a formula to lower TRU emissions over time. This would prevent reducing rewards too quickly and losing TVL due to a sharp drop in emissions. We have a staking gauge that we want to use which just needs a 3rd party audit.
In the staking gauge, TRU is distributed per block, and split between pools based on allocation points. We could create a distribution model which slowly decreases over time, allowing us to extend the remaining TRU rewards over several years
If we wanted to incentivise a specific pool, we could re-balance the allocation points. Much like how SUSHI or CRV rewards currently work
Another thing which we might want to work on Unlock 5 is requiring TRU to be locked in order to boost rewards. That way only people who are locking TRU can get access to farm rewards. This is what CRV does and it seems to work very well.
If we launched full governance and overhauled TRU incentives at the same time that could be a knockout move. Ideally after lines of credit the smart contracts themselves will be closer to a final state, where we are mainly focusing on how to automate generating a credit score rather than actually changing how the protocol works.