grap Hello fren, really appreciate the measured response and valid points you raise. To address these:
1) It is less about falling KLIMA price, and more about efficient use of emissions. When we reduce reward rate, the assets we do bond will be cheaper in KLIMA terms. The protocol will, in essence, be getting a better deal on our open market operations.
2) We certainly want to put ourselves in the best position to sustain integrations. Reduced reward rate will definitely make new bond incentives cheaper to sustain for the protocol. Also, intaking new assets aids in decoupling KLIMA & BCT price correlations - which will stabilize our volatility over time.
3) No. We don't have any official sKLIMA or wsKLIMA LPs so IL is a minimal concern here.
Lastly: regarding 'aligned with framework' - It's important to note this scale is exponential, not linear.
Hopefully this shined a light on some of your questions!