Hi @jarvie in the SBD channel in Slack we decided we would wait until end of Feb in case the market drops again. At which point I will return the funds if no longer needed. The proposal can still be voted to build up reserves until then incase the funds are needed, the more funds in place the quicker we can recover the peg.
I also don't want SBD to shoot too much over 1 USD; this proposal by @smooth would help peg on the upside https://steemit.com/steem/@smooth/steem-improvement-proposal-allow-steem-donations-to-the-dao