Creating a strategy for lowering APY to a sustainable level would signal to the community and those interested in joining the community that we have achieved some level of success in finding stability and monetary coordination at scale. I think this is a smart move but we should be mindful of those who have bought at the current premium levels and higher when deciding on a strategy for lowering APY. Therefore, I think it may be better to use milestone metrics for lowering APY rather than time. If we create a strategy to lower APY based on time and we don't increase our risk free value (RFV), total value locked (TVL), protocol owned liquidity (POL), # of OHMie holders, and # of integrations with quality DeFi protocols enough the premium on OHM will fall more than the APY will be able to cover. Doing this could make a perfectly good project collapse on itself for trying to transition to stability too quickly.
In theory, if we are coordinating at scale, when one of the metrics I mentioned above increases all of them should increase together. If we can come together as a community and decide what milestones we should hit before we move from 100k+ APY to 80k APY and 80k APY to 60k APY and so on then I am on board with a strategy to steadily lower APY.
As long as people understand the value proposition of OHM in a digital economy this type of strategy would create intense FOHMO to be an earlier adopter of OHM.