I’ll be away for the rest of today, but can respond to your post in more detail tomorrow. In the meantime, I want to clarify one point you made:
Coinholders did not ratify their own relevance. The Coinholder Grants Program was overwhelmingly supported by the community, ZCAP, ZAC, and coinholders earlier this year when they all independently approved the Community & Coinholder Funding Model. What they ratified in this poll is that the Coinholder Grants Program will be limited to retroactive grants and follow the process described here. Coinholders should ratify this because it is their grants program, and the structure should reflect their preferences.