So far we can see a lot of positive feedback from the Gnosis community. Also, DAPP on xDAI have so far reacted postive. Negative feeback comes from some Stake holders. Here the main concern is not the merge generally but the concrete ratio of GNO/Stake.
Here it is very important to have a few information about GNO.
Generally we agree that Stake (xDAI) has been undervalued so far! Though the same is true for GNO. We believe my merging the 2 projects (and tokens) we will together reach the critical mass to build a chain that is widely recognised as a good place for DAPPs.
A few useful to know facts about GNO:
GNO controls GnosisDAO - GnosisDAO controls assets of >150k ETH.
So the 1.5m GNO control 150k ETH - so the value from those assets alone would put 1 GNO at 0.1ETH. This was roughly the price of GNO in ETH during the TWAP period.
Now - Gnosis has built many many applications with Gnosis Safe and Cowswap currently the 2 most prominent ones, followed by https://gnosis-auction.eth.link/ and Zodiac. For the Safe and Cowswap, there are proposals on the table to spin out from Gnosis and issue their own tokens. So GNO token holders can expect to both get SAFE and COW tokens.
Here are 2 dashboards showing the success of Safe and Cowswap.
Some have argued with the total supply of GNO. Here it is very important to note that >90% of the non-circulating supply (8m GNO) are controlled by GnosisDAO and thus GNO holders. So basically this GNO will only be used if current GNO holders approve it. Thus any dilution that is against the interest of GNO holders is unlikely to happen. But powerful proposals that put the GNO to good use like potentially this proposal are possible.