The key difference to me is that I’m thinking of this as a step towards implementing an xSUSHI type functionality (similar to what was proposed in the POOL Bar discussion: PTIP-23: Add The Poolside Bar - #15 by Leodisc19
Following this model, it really doesn’t matter what the price is (you wouldn’t want xSUSHI to simply stop yielding if SUSHI went over a certain price). This is more about adjusting how reserves are used rather than trying to time a strategic market buy back.
I think it’s gotten a bit confused because we have also had a discussion on that point (raising debt or using a large one-time allocation from our existing capital). I think if this was the case, price absolutely matters a lot. But if we view this as a step towards a longer term goal of improving incentives for POOL holders and it’s only an adjustment to usage of NEW incoming reserves… I don’t think price matters.