Problem for example, I can calculate with the current 10% Debt Ratio and it's change to marketcap/supply what sbd price would do.
Knowing that we talk about an average median (3.5 days) and in the current situation the marketcap of sbd is capped to 10% of the steem marketcap.
This means the sbd price will follow steem 0.385 down to 0.783.
They both will behave like they are 1 currency.
Are you sure that currently 1SBD is not 1 US$ ? That would mean they have lied in their white paper.
In addition, the destruction of SBD will no longer work, so that SBD doesn't come back to 1 US$.
And when the steem supply increases extra because of sbd conversions and also the 10% cap ... imo the only way is down...for both steem and sbd.
Please tell me I am wrong...