Pre-approval of inverse bond issuance above a 25% profit margin

This proposal is seeking pre-approval for issuing inverse bonds should the price dip more than 25% below backing. Intention is to allow for faster execution in potentially stormy market conditions without having to wait for a majority of the bond team members to sign a message to vote.

Conditions:

Price should be at least 25% below backing The calculated amount required to get back to 25% profit margin should be significant enough to require a bond. Significance is determined by size of bond capacity and current gas fees, so that it is realistic that one can profitably bond. Actions:

1 day inverse bonds are added, adding IB capacity of 7 day EMA of net outflows + $ amount required to get back to the max profit margin of 25% (see https://dune.com/queries/696012 for this number) The determination of the exact bond parameters is left to available members of the policy team.