Wasn't SBD supposed to be the *stable* version crypto linked to Steem?

I believe that increased demand for SBD to use vote-buying services contributed to the initial run-up in SBD. Compounded by the link to bitcoin being much stronger than the link to dollar (and the massive run-up in bitcoin this week)...  SBD didn't have a snowball's chance of staying tied to the dollar. So much for less volatility than STEEM.

Steem has very specific features to keep SBD from dropping below the dollar, but there are no specific features keeping it from skyrocketing above the dollar. Or to bring it back down to earth once it has.

So I had an idea.

# Hyperinflation
https://cdn.pixabay.com/photo/2017/09/04/14/08/dollar-2714203_960_720.jpg
*[img source pixabay](https://pixabay.com/en/dollar-transport-inflation-money-2714203/)*

The only thing that can bring SBD back down to the dollar is to flood the market with cheaply created SBD until the price returns to normalcy. Then if the price drops below $1 the conversion and interest features can pull it back up. 

Right now author rewards are the only source of new SBD, and the creation rate is slow.

One way to increase the creation of SBD would be to allow authors to published at lower than 50/50. I don't support this, because I think people benefiting from content creation should have some of that reward intrinsically invested long-term.

But there is another way.

It would require a change to the protocol (a hard fork) so I am only floating this as a thought bubble to see what people thing. This is **not** an actual proposal to fork, only a chance to discuss the possibilities.

Witnesses maintain price feeds for SBD and STEEM so that reward ratios can be established. 50/50 means 50% value in each, not the same amount of each. What if we generated new SBD and rewarded it to investors based on their proportion of VESTS owned, but *only* when SBD price comes unhinged from the dollar?

With one block every 3 seconds, there are roughly 28800 blocks generated each day. 100 times each day, (every 288 blocks) new SBD can be awarded to VEST-holders. New SBD would be created at an inflation rate of 0.01% of premium to dollar (over the past 24 hours). If the average premium for SBD is 100% (SBD is worth $2) over 24 hrs, the block would create new SBD to equal 0.01% of all the existing SBD. Over a full day, the inflation rate here would be 1%. If the premium rises to 1500% (SBD is worth $16!!!), the new SBD created would equal 0.15% of all the existing SBD.

The new SBD is awarded to all Steemians in proportion to the VESTS held, and can be claimed by any Steemian once their rewarded SBD exceeds 0.001 SBD. It's a bit like rewarding a dividend to long-term investors. Investors can then sell it to the speculators. The new flow of SBD would bring down the price and help it stay pegged to the dollar.

Just a thought. The math gets a little intense, so I hope people can follow. As always, let me know if you have any questions, tell me what an idiot I am, or share any concerns you may have.