Well, as far I am aware from those exercise, it seems a generic OCF expression looks something like this:
$$\psi (f(\Omega)) [n,f(\Omega)] = [\psi (g(\Omega,]^n\circ \psi (g(\Omega,\omega))$$
where $f$ is some generic monotonic increasing function, and $g$ is a "reduced" version of $f$ (as it happens when taking the $\Omega$ terms apart)
Well, since $\psi (\Omega^{\Omega^n})$ already start to control the number of entries in the transfinite veblen, it follows that $\psi (\Omega^{\Omega^{\Omega^n}})$ will start to control how many "layers of LVO" we can have for the transfinite veblen, and …