Sorry for spamming, but had some more time to think 😃
I think in this case it might be possible to set up a different "stability" LP than what are used now for DAI and ETH and the alOHM/OHM that has been discussed.
So I think the pool could be alOHM/gOHM(or wsOHM) which is the staked version of OHM, meaning it gets the yield from the rebases. This way, the OHM side of the pool would constantly be growing and it would possibly not need any additions over time from the treasury or anyone else, and the LP position would still keep on growing, allowing for a constant debt cap raise. (the alOHM side is not staked of course, but that side constantly grows because of the loans taken anyways, keeping the LP more than balanced)
Or alternatively, this could keep the OHM side stable, but would increase the returns for OHM depositors in ALCX as the rebases from the deposited positions would not need to be funneled into the LP.
I believe this would still fulfill its main goal, which is the stabilization of alOHM, as the prices of staked and non-staked versions move in tandem always.
(In theory, maybe it would be possible to do this with the alETH/ETH(->stETH) pool as well, to provide better returns for LPs and incentivize this way with less bribes in crv/cvx)
This would allow for ALCX to manage these high yielding positions itself, like the original post outlined.
This seems too good to be true if I am being honest, but again, not sure what I am missing.