Optics Bridge: PCV sketch

# A multichain protocol controlled value within a bridge protocol

The optics bridging protocol has some natural components that need governance like signing keys for the relayer and watchers, upgrades to the router contracts and protocol upgrades to enable things like ordered message packets.

In addition to these mechanics, the governance token should build up a treasury of optics controlled assets. This mechanism is inspired by Olympus DAO bonds as a way to build protocol controlled assets without.

Finally assets owned by the treasury should be deployed to generate yield and returns should flow back to token holders in the protocol.

1. Initial Issuance

The initial issuance of the token can be done through allocations offered at fixed price via stable coins and potential sold.

3. Emission schedule

New governance tokens will need to be emitted periodically to enable for new bond purchases. New token issues are minted on the optics router chain into a DAO controlled account for the purpose of either being used in bond purchases or being burnt if unused. A mechanism where the emission rate is lowered if tokens are unused and increases if tokens are used quickly can be considered.

4. Chain local guages

On each chain where the system is deployed we should have a standard set of gauge contracts that enabling bonding/purchasing tokens into the protocol. Some things will need to be parameterize by governenace on an ongoing basis like support LP assets and the reward or purchase rate of assets for optics tokens. The main chain routn

5. Voting mechanics.

7. Rewards