So what's the plan for this?

Funds Return Mandate: Once the funds are no longer required to stabilise the SBD peg to 1:1 to the USD, the funds will be returned in full to @steem.dao which makes it a "No-brainer" vote as it will, in the end, be like a return proposal.

Personally i don't see the benefit of SBD shooting way above $1 either and with such low supply SBD could be easily manipulated now perhaps?

In any case it's not like you have to return the funds right now but does the proposal need to still be voted in your opinion?