It's higher than some mineable cryptocurrencies, so I understand where you're coming from. But cryptocurrencies that don't have budgets also don't have large structured teams that can ensure the project is developed and marketed properly.
To address possible issues stemming from a large budget, we will be making transparent budget reports so that the community can ensure we are wisely using the funds. Our goal isn't to simply spend funds because we have it, but to only use it if we consider it good for the project and if it is a cost-effective use of budget, otherwise the budget should not be spent.
Why not give 100% of reward to miner and minter the first year to lets grow interest and hashrate looking for eventual update after making the blockchain working with a small starting premine vested and locked without crucial expense and follow with a smaller % reward after the first year.
Dont overlook that this fund taken from the miner and staker are gonna increase selling pressure on a young project.