I think that this proposal offers a really interesting mechanism to be able to influence the Curve ecosystem in a way that would hedge our bets on Convex. The mechanism design is particularly compelling given the liquidity built on OHM and the bond rev share. By allocating a portion of the initial supply at 0% for Olympus to provide liquidity, this will enable us to own more liquidity for OHM as well as gain trading fees on the OHM-LOBI pair.
One of the interesting things that we could do with this liquidity when Lobis enables OHM-LOBI bonding is return that liquidity to Lobis and help maintain their liquidity bond discount. By comparing the current DAO treasury (915k OHM) vs. top holders of OHM, a 1.1% rev share (~10k OHM) would put us into the top 20 holders of LOBI by default, even before considering the LOBI gained from initial allocation, liquidity provision, and bonding.
It seems that Curve is in need of a solution that helps decentralize the concentration of voting power and Lobis seems to be fit the bill. I think that the design emphasizes a fair launch and considers benefits to the Olympus community. All for this proposal!