OIP-18: Reward rate framework and reduction

Summary

• introduce a new reward rate framework to guide Policy decisions and align community expectations
• as part of the framework, the Policy team proposes a reward rate reduction to 0.2975%, from a current 0.35% of total supply, which is an approximate APY of 8,000% (changes with % of OHM staked, is not static)

Framework

Additional context, explanation and discussion of this proposal can be found on the forum:

https://forum.olympusdao.finance/d/77-oip-18-reward-rate-framework-and-reduction

Vote

Option (1): Adopt framework and reduce reward rate to 0.2975% Option (2): Don’t adopt framework, but reduce reward rate to 0.2975% Option (3): Don’t adopt framework and don’t reduce reward rate to 0.2975%

If the proposal passes the changes would come into effect immediately.