Anschel Timing is crucial. If anything doing this when the market is a bit sideways may be the best timing for us. It'll hopefully allow us to see what effects this change has without BTC dragging us up or down.
One could argue that ridiculously high APY already scares people away.
I think this is the first time I've heard anyone call Olympus simple.
Bonds are sold at a discounted price, so I'm not sure how this would increase price. However, if you're serious about this idea discuss it in the Discord, polish it, and turn it into a proposal for the forum.
What is being proposed is still 20K APY... Where are the other projects in Ethereum DeFi with this high APY, liquidity, market cap, community, partnerships, and well known crypto backers? If that exists elsewhere then I'm game to check it out.
Finally, this isn't going to achieve stability. It's a step in the right direction, but we won't achieve it with one step. This is the first step towards becoming Ohmnipresent. This has been the plan all along.