meeting on OHM bonds

Key question:

optimizing how much we can emit and for which durations while minimizing volatility.
how ohm bonds interconnect with RBS (supply locks and unlocks),

docs:

how bonds work

sells it at a specific price (how to determine this initial price?) – determined by the auction
- potential policy: assume a range?
can be traded at arbitrary price on a secondary market
expires at a certain date
when expires, additional supply will be generated to give the bond rewards? -> supply is preminted
- measures for supply releases

replace current staking capacity.
- current staking capacity determined by…
maximizing … what? -> maximize user participation at a base layer of the economy (Creating "Money games" for people and institutions to play). Maximize for protocol efficiency (rehypothecating locked OHM?)
- participation: measured by velocity; brain power used (or simplify it with a vault token; the vault would have some liquidity at hand; a way to mitigate risk: allow early exit with fee)
- action: participate in primary market, resell on secondary market; even delegate votes
- motivation for participation: long term holders rewarded more
- goal for OHM:
  - locked supply for treasury; know when the supply will be released and be prepared to regulate
  - ultimately get away from staking
  - minimize emissions; pushing the rewards to be in the secondary market
minimizing volatility – how to define? -> minimize volatility per Treasury dollar spent
- if volatility means the price of OHM, usually it can be defined as ATR(average true range). what does it mean per treasury dollar spent?
scenarios:
- passive holder who's been staking: buy a bond on the auction; 6-month bond; locked supply;
- with or without lending market
existing problem：
- excessively high APY due to less flexible code
- too quick of a turnover for staker (too liquid) because they don't have any risk
ideas:
- use the bond for lending market

what are some key parameters and their effects?
- capacity: premium of OHM v.s. treasury;
connection with RBS?
- with staking, excessive supply will hit the market whenever; with the determined dates, safe to assume no big amounts of supply for a longer time.