I can't quite classify it all yet in terms of the market impact. I suggested among the witnesses that we consider whether we should take appropriate measures. It's just difficult to judge what measures would really be effective at the moment. I describe this as unhealthy markets at the moment (deposits and withdrawals are suspended on various exchanges, trading pairs are cancelled...).
But thanks for pointing out the proposal. That would currently be a third option for action besides the price feed bias and interest payments on SBD.
If you have any links to posts where I can get additional information about the witnesses' measures, I am always grateful.
I don't recall ever seeing anything about the effects of price feed bias, except maybe a small mention in the whitepaper. I'm not really a fan of experimenting with that. I have some family obligations, so can't spend time researching for a while, unfortunately. Can only comment from cell phone.
Of the three, I think a burn proposal would be most effective - as long as STEEM is below the haircut threshold. It might make sense to create multiple proposals (100, 500, 5000, 10k,...) so that stakeholders could dynamically adjust the size of the daily burn.
On the other side, paying SBD interest might encourage exchanges to offer SBDs... The objection was that exchanges benefit most, but maybe that's a feature...
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