Hey Hive account@smooth, thanks for your thoughts and leadership on this. I am fairly confident that we can make it through this with the right support from the community/monetary and fiscal policy from the witnesses.

Would you mind sharing your thoughts on witnesses increasing their discounts to an even higher amount? I know on the one side it will encourage more SBD->STEEM conversation, and reduce the amount of rewards for active posts; on the other hand though, too much conversion (if users sell the STEEM instead of powering up) will put more downward pressure on the price. Where do you think the right balance is with the current conditions?