is also quite complex with multiple layers and back ups to maintain the peg even at a black swan event.

Sure, but the code is open source and it's proven to work, plus Hive would get an additional utility.

Haven't heard of FEI, will take a look for sure.

Yeah, smooth is doing a great job, but I would feel a lot more comfortable if it was actually implemented in the code.

We desperately need Smart Contracts, that's for sure.