Thanks for writing this.

[...] it makes sense to me that the high SBD price would have shifted some voting in favor of self-voting, which would reduce revenue for voters who practice voting diversity.

This touches on some of the effects that are not obvious or self-evident that we all usually have a hard time discussing because they need to be backed by facts. But if true, it shows another issue with SBD not being pegged, it turns SBD into another speculation instrument but one that can be self assigned and exited from the platform directly by self voting.

Most people would agree that self voting in moderation is fine (I don't, but that's another story) and that the ratio is a matter of conscience. I say however that we are not stupid and if something is far and away of more benefit, we will do it independently but as a group, and fairly reliably so.

In the short term this is fine. Selling SBD en masse is probably the best way to put downward pressure on it. But if the price stayed high or we saw a lot of major fluctuations it would be time to start thinking whether this debt token serves the platform well. We should just keep our eyes open and what that means is not just being aware but actively capturing data. I implore you to keep doing both! 😇