Yes, it is assumed that this proposal is a precursor to PEP-16: Universal Contributor Income, which will use Coordinape to distribute rewards.
Yes, Coordinape is agnostic of the payment method. Here is the Coordinape allocation lifecycle as described in their docs:
- At the start of the epoch, each member of the Circle receives a number of non-divisible GIVE tokens (Determined by the Circle Admin)
- Members allocate their GIVE tokens to other members over the course of the epoch to reward them for the value they bring to the Circle
- Members can adjust their allocations up until the end of the epoch
- They can add notes to their allocations if they wish
- At the end of the epoch, all allocated GIVE tokens become locked (now called GET tokens), and all unallocated GIVE tokens are burned
- Budget distribution is then formulated according to the percentage of total GET tokens that each member of the circles has received
So to summarize, at the end of the epoch, we will have a % allocation for every contributor, which we can then use for payment of any token (wPOKT/POKT).