No, that wouldn't be necessary. Right now, if it drops below $1.00, there are arbitrage opportunities, and opportunistic users push the price back up. We could simply create arbitrage opportunities going both ways by making STEEM convertible into SBD.
Or we can just wait and see what happens longer term with the price. It's my opinion that over the long term, we'll see the price around $1.00. That's why I'd like to just leave it the way it is for now.
Interesting, I think that’d end up stabilizing Steem but create issues with inflation depending on how it’s done.