Remove instant IL protection. Change it back to the previous version but instead of 1% per day, change it to 0.25% per day. This will take roughly 1 year to reach 100%.
LP can exit anytime.
If no protection needed, do not charge exit fee (To encourage more deposit)
If protection needed, charge 2.5% to exit. The fee can accrue in treasury or share with BNT holders but 0.25% is surely too little imo.