> For the complete documentation index, see [llms.txt](https://docs.rwa.vip/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.rwa.vip/ii.-economic-theory-of-rwa-ecosystem/internal-coordination-theory-applied-to-rwa-ecosystem-protocol/policy-levers.md).

# Policy Levers

* <mark style="color:blue;">**Staking Reward Rate:**</mark> \
  Determines the amount of new RWA tokens minted for stakers and impacts the Annual Percentage Yield (APY). A lower APY signals longer-term confidence in the protocol.
* <mark style="color:blue;">**Bond Control Variables:**</mark> \
  Set by the policy team to control the Treasury's reserve composition. These variables affect the discount rate for tokens purchased directly from the protocol, helping to manage supply and demand.
* <mark style="color:blue;">**Premium Above RFV:**</mark> \
  A market-driven measure indicating the trading price of RWA tokens above their stablecoin backing. It reflects external confidence in the protocol's internal coordination and future growth.
