Great writeup Mike, at first I was not entirely in agreement, but I hadnt considered the risk of principal loss for people which staked using a 1:1 peg back when it was not possible to stake through the pool.
I think the idea is great. I think in combination to my rewards flattening proposal, this could be a great combination that benefits not just smaller wallets but also bigger ones, which do have a lot to lose if they were to lose ~5% of their capital on a whim because of a massive whale trade or several of those.
I fully support your idea, I think that 1:1 range should theoretically count as “active liquidity” even if the $SWISE farming APR is maybe slightly lower than the liquidity within the active trading range.
Haahah the dmitri power bro