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RE: Project W - Platform Introduction
Interesting stuff. What do you think the impact of this will be on the price of steem?
Interesting stuff. What do you think the impact of this will be on the price of steem?
In our view, it would be positive when enough Steem would be swapped into WST. Investors would be able to leverage the Steem Blockchain through Project W (staking PWT tokens) and still be able to invest their Steem on the Tron Blockchain. Due to the fact that (as many DeFi projects are) the wrapped Steem token WST is not an atomic swap, it would be able to make the overall Steem supply bigger without harming the Steem environment.
How would it make the overall STEEM supply bigger? Don't you swap STEEM for WST? So the supply stays the same?