I think for me the reason this proposal is important is due to the disparity is in what WBTC LP emissions vs the DAI and USDT LP emissions – Year-to-date, WBTC is responsible for about $275mm of volume while DAI/USDT are responsible for nearly $500mm of volume but we are roughly emitting as much to WBTC LPs as the sum of what we pay DAI and USDT LPs. DAI and USDT are controlled by the AEC and so their emissions have decreased in the last 8 months while WBTC has stayed flat.
Like Kevin said, I think of this proposal as putting the WBTC emissions in line with what other emissions have done and I’d actually like another proposal that expands the powers of the AEC to managing the remaining pools LP pools that receive emissions (possibly with the exception of ACX-LPs given that, as people have commented here, there are non-bridge related reasons to maintain emissions).