I couldn't agree more! Not talking about the math and theory behind the stabilizer, it just feels weird and does not look good.
But people who run it are quite stubborn about it.
I also do not see an impact on the hbd price.

Also, looking at the huge amount, I think this would be better invested in developement or simply rewards.

Thanks for speaking up, the discourse on Hive is quite aggressive some of these days and I prefer to stay out of it. Thanks for Leo!