3% per week is, in general, a dangerously low rate at this point. It means we can not tolerate more than one or two 50% price drops in the next 15 weeks (for perspective, we just had five) without reaching peg failure at 10%. Maybe we will get a little lucky and that won't happen, but going forward we will need a better plan (could include more aggressive action at lower debt ratios, where it is less painful, assuming we do get lucky and climb out of the current hole).
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Sorry I cannot understand why "we can not tolerate more than one or two 50% price drops in the next 15 weeks" If STEEM price becomes 1/4 while SBD amount is the same, is the debt ratio around 18%? That is dangerously high number but will it trigger the black swan event?