Hi @uniyj - thanks, great question.
The structure of the program flexes with the yield. In the event the yield drops below 30%, the amount of bounties that are to be delivered also drops, as does the fee for running the program on a 1:1 ratio basis.
Net, we share the risk together.
In the event the yield drops for a consistent period of time, we have structured to present the 7-member Allocation Committee with other scenarios to deliver additional yield - we specifically want to drive yield that is as beneficial to the community as possible (larger yields are possible, often at the detriment of other stakeholders).
For the initial recommendation, we evaluated countless strategies. Currently the yield for this strategy is slightly higher than 30% - we believe it will come down as the program progresses, so we’ve taken that into account.
Hope that helps