Yeah, that makes sense. I would prefer 2 as well. Someone would need to setup a proposal to fund it though, as well as do the work to handle the conversions. IMO, it is outside the scope of the current proposals that are funding @hbdstabilizer. Stakeholders voted on the hbdstabilizer proposals assuming it would work a certain way. To change how the funds are used after the proposals have been approved does not seem like a good idea.
I don't run @hbdstabilizer. My only involvement with it is to create these @hbd.funder posts which send additional funds to the account. @smooth is the one who actually runs the stabilizer. You may want to reach out to him and see what his thoughts are on handling the conversions to add support on the other side of the peg.
No it isn't. The original proposal mentioned a LOW bound and doing conversions. I stated later that it wasn't being implemented right away but might be added later.
Already the stabilizer does use HIVE (mostly from power down of beneficiary HP) to buy HBD if HBD is <$1, and then sends that HBD back to the DHF instead of sending the HIVE. This helps take some HBD off the market and generates a profit for HBD. But it doesn't do conversions for now.
Ah, cool. Thanks for clearing that up!