I really appreciate your positive leadership man, you addressing the problem and providing a solution prove that you only have the well being of the ecosystem as a top priority. These are really tough times, those who claimed to be here for the long haul will be tested and I hope that through hard work we will raise victorious from this challenge.

One thing still concerns me, why does this happen? Why the blockchain shows a price 33% higher than the one it shold reflect? I think that clarifing all these little details is the key to recover user's confidence on the platform... as I see it, having a overvaluated steem prevents users from massively converting SBD to Steem, this might help keeping Steem price's nose just above of the water, but at the same time it sinks SBD peg and (imo) it also sinks investor's trust into the platform. Please correct me if I'm wrong, when I read the Steem Whitepaper I though that SBD will guarantee you 1$ worth of Steem through the conversion function. I arrived to the platform this year, but I know that holding SBD will grant you some interest when SBD's price is below 1$ (which is the case right now).

When I read all those guarantees I thought that investors will be confidence to drive their capital here because the system was designed to inecntivize those who hold. The bear market is a great opportunity to test these two mechanisms, so far I can't say they performance was up to my expectations. It will really be reassuring to understand why current flaws do occur in order to start thinking solutions, if you just don't understand the problem it is impossible to contribute to the solution. Therefore, why the blokchain is overvaluating Steem? Who is the one that establishes the blockchain steem price if top 20 witnesses' feed price is the real one? Why interest for those who hold Steem tokens have not been activated since it is a mechanism that encourages holders? I am aware that witnesses have the cal to activate the interest when you lock some SBD, what is the general opinion that top witnesses have on this mechanism?

I'm not lossing my enthusiasm because of those unaswered questions, I know that the ecosystem is still pretty young and has a lot of room for growing, developing, and fixing it's inconsistencies. I really think that community have to take the lead and get back Steem to the road of success, we all have to contribute to that goal however we can.

I already went and wrote wall of text, sorry for that :)

Edited: I read the post from oflyhigh, I understand why does this happen... but still, I read all the HF20-related posts and none of them highlighted this code update... at least I understand a little bit more why is this happening and the solution is quite simple, Steem development cannot be on a bunch of hands, I think that if consulted this code change will never be allowed... it removes authority from witnesses and renders useless their price feed.