How to turn Steem weakness into Steem advantage?

A week after launch SMD has a discount to USD from 10% to 20%. Now it is about 14%

Real SMD

Whitepaper states:

If SMD trades for less than $1.00 USD and the debt-to-ownership ratio is over 10% then the feeds should be adjusted upward give more STEEM per SMD. This will increase demand for SMD while also reducing the debt-to-ownership ratio and returning SMD to parity with USD.

Assuming the value of STEEM is growing faster than Steem is creating new SMD, the debt-to-ownership ratio should remain under the target ratio and the interest offered benefits everyone. If the value of the network is flat or falling, then any interest offered will only make the debt-to-ownership ratio worse.

In effect, feed producers are entrusted with the responsibility of setting monetary policy for the purpose of maintaining a stable peg to the USD. Abuse of this power can harm the value of STEEM so SP holders are wise to vote for witnesses that can be counted on to adjust the price feed and interest rates according to the rules outlined above.

So we have excellent tool to fix that. Now nobody use this right to adjust to market demand. Everybody use default 10% interest rate.

As of block 3,044,004 Debt to Ownership ratio is 1.66% (1556178.966 STEEM / 93610169.201 STEEM). It is far beyond 5% target. The have explosive growth in terms of signups, engagement and retention. So we have huge leverage here to do with SMD rewards the same cool thing we did with authors rewards.

So my proposal to start move target interest rate to 15% target, perhaps, even 20% as SMD interest in our case should compete with Steem Power. Let's start a discussion.

Updated a Title

My point is that we can turn our weakness (high SMD spread) into our advantage (enormous USD interest rate). With current leverage we can do this.