Since my last witness update the SBD value has been strong and repeatedly over 1$. To try to bring the value back towards 1$ I will be reducing the interest parameter for my witness from 9% to 7%. I expect this may also have a side effect of increasing conversions which I also believe to be a good thing. If the steemdollar continues to trade at more than 1$ in the next few weeks I will consider reducing if further.