Hi. An ABV calculation has not been necessary so far as it is, by the way I have run the fund, always at 1 STEEM, with the excess being paid out as profits. However, having a floating token requires some guidance that its price is justified by underlying assets. This is not a price-discovery-mechanism such as many other tokens. Just as investment trusts will publish their NAV, then let the market decide whether the track record is worth a premium or discount.

Anybody who tries to drive the price down well below its ABV is merely giving someone else the opportunity of buying it cheaply. Let us not forget that nobody has got these tokens for free in an airdrop, whoever drives the price down is losing money.

If you wish to sell immediately and exchange for STEEM, then the liquid STEEM in the MAPR account will be converted to STEEMP and used to buy back tokens. There are also holdings within Steem Engine that can be used to buy back tokens.