It looks like you just need to add the private memo key to keychain for your account. If you open up the extension and go into settings -> Manage Accounts you should be able to enter the key there.
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That's actually something I was wondering about - wouldn't it be simpler to authenticate via posting-key? Most people add at least their posting-key and just a few, who know what the memo key is, are adding that one as well, IMO.
Yea that's a good point. I'll reach out to the steeve team about that.
The condenser uses posting key to sign a challenge message to the server so likely this can change the mechanism too. That's something the keychain can do now.