I wanted to say thank you to both @steakhouse and @paulsengh from Delta One. I support this initiative and anything that will help expedite elasticity analysis and proactive liquidity management
on-chain.
The reWARDS committee is discussing with Delta One about a proposal to implement some of these concepts and will update this thread as there is more information.
Building towards a blueprint to develop sustainable on-chain liquidity where DEXs fees provide sufficient liquidity is the ultimate goal. This would allow more flexibility in the design for untested deployments that are higher up the DeFi stack which is anything above base-level liquidity.
To bookend, I think there needs to be more discussion around what responsibilities the DAO does or does not have in relation to users of the protocol. This can then be codified publicly as a set of principles for anyone using stETH with clear guidelines of where the DAO will and will not be supportive as the LP of last resort.