The recommended way to do this from the current v4 docs is:
$font-size-base: 0.8rem;
$line-height-base: 1;
Be sure to define the variables above the bootstrap css include and they will override the bootstrap.
No need for anything else and this is the cleanest way
It's described quite clearly in the docs https://getbootstrap.com/docs/4.1/content/typography/#global-settings