If I recall correctly, our witnesses agreed to raise the ratio of the market cap of SBD and the market cap of STEEM (of the virtual supply or the supply of STEEM itself?) called the SBD Debt Ratio from 5% to 9% at which point the printing of SBD will start to decrease linearly until it reaches 10% when it stops completely.

If Steem goes even higher during the next bull run than it did during the previous one, then SBD will be printed in even more extreme numbers than they were in early 2018. The purpose of this measure was probably to keep SBD from pumping as madly as it did in December 2017 (peaked at a whopping 14 USD). But that it does have the side effect of creating even more SBD than before.