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RE: Don't Forget to Switch Back to SBD Payouts.
I cannot help but notice that in your cheerful calculation of HF 21 changing the payout to 50-50, or from 37.5% sbd to 25%SBD, you forgot to mention the Steem dao which is 10% SBD always. To add complexity it only nerfed the inflation going to curation and author rewards so its impact is relative to that.
I calculate SBD production now as 10% dao+ 0.25 x 0.65 (amount of total inflation going to rewards) which is 26.5% of total inflation.
I calculate pre hardfork sbd as 37.5x0.75 which is 28.125%
26.5 < 28.125 but not that significant considering we cannot stop the dao from making SBD,
From what I understand the DOA can make SBD but if it's no-one's/not distributed it's no problem.
As far as I know it endlessly accumulates because of the return proposal and pays out up to 1% a day. This probably has a stabilizing factor (and encourages great proposals), but it is definitely an SBD monster under the bed.
It just complicates the factors (hopefully for the good), that's all.