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RE: Steem Backed Dollars (SBD) Trading Lower Than $1.00 USD Worth of Bitcoin.. Time to Increase SBD APR %?
It is possible to lower the amount of SBD generated for rewards? Currently 50% of rewards are SBD and 50% Steem Power, changing that to, for example, 40% SBD, 10% Steem and 50% Steem Power should help to rise the SBD price.
However I do not know if Steem is designed for making that change as easy as modifying the APR.
About the exchange problem, I think the solution will be giving interest only to the SBD in the saving account, and maybe also increasing the lock time for savings. But again, I do not know the difficulty of that change for witnesses and developers.
I think that shouldn't be a big problem. Maybe it would be hard to make it as you propose ( so adding Steem to that ) but changing it to let's say 60-70% to SP and 40-30% to SBD should be quite easy.