It may actually be interesting to experiment with two tiers of incentives. For example this would be a particularly good way to incentivize users by providing LP position in a time-bound Bond locked vault with the protocol for a fixed period.
How this might look;
- incentivize curve pool with redeemable option on ANGLE
- incentivize locked or bonded LP with ANGLE
The benefit of the locked or bonded LP is greater for the protocol since the liquidity is not at risk of exit all the time it is locked in a bond contract. Therefore the benefit to the protocol is that it supports peg & supports the availability of the stable token.
Even the duration of bonds could have a tiering of time vs reward with examples of;
- 4 week lock = x amount of ANGLE rewards
- 8 week lock = higher amount of ANGLE rewards, etc.
- 16 week lock = highest amount of ANGLE rewards
There is also the flexibility to blend this so that on bonded locks discount threshold is deeper than on curve pools. If we take above example, increase from 35% discount to 50% etc