Interesting plan, and familiar faces, but it raises a lot of questions.
Let me get this straight, what you call "mining" is only used for distributing coins and doesn't contribute to the security of the blockchain?
Does OpenOrchard or do its employees/founders mine KOIN?
these smart contracts can be upgraded in-band
How does this work with Ethereum's goal of unchangeable smart contracts? Could a DeFi token contract on Koinos be upgraded by the developers to pull the rug on its users? E.g. mint a million extra tokens and exchange them for ETH, as happened with wLEO recently. The whitepaper says: "Governance will determine whether an upgrade should be made". In other words, 51% PoS attacks are baked in. (Probably a lower percentage in practice, due to low voter turnout.)
And what makes you think that you'll be able to develop and implement a new consensus algorithm in six months, while it took years for other projects?