This is a great step forward, I'm very excited for retirement bonds
I am in favor of the proposal, other than the current proposed pricing mechanism (which goes by market rates). I don't think we should have it go by current market rates if our mcap is lower than the value of our carbon in the treasury. But I would be in favor when that changes in the not so distant future (it could be dynamic, the policy team would decide when to use either), or if the why was better explained, maybe I missed something
Instead, while our mcap is lower than the carbon in our treasury, I would much prefer what you'd typically expect from inverse bonds, where the inverse bond would return proportionally what is in the treasury relative to current circulating supply. Although I think the proposal is a great solution on how to do inverse bonds when mcap is higher than our assets.
Doing this would imo add more confidence, as when markets are bad, we'll always be proportionally entitled to the treasury (through retiring). Just going by market rates kinda makes the treasury seem less important to the individual, atleast it would to me. We're supposed to be a carbon reserve currency. Doesn't sound like it.
It would be great if we could have an additional option on the vote