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RE: Steemit, SMTs announcement what happen?!
Good explanation @damarth, but what I don't understand about the SMT's is won't they just dilute the whole system if anyone can create them and give them out, do we really want a lot of new coins/tokens watering down the system? maybe I am still a bit confused.
tip!
FTA: Steem supply is locked into liquidity Pools by automated Market makers. Each SMT's rise the demand for steem to be locked in liquidity pools wich represents a decrease in available supply whereas demand increase to achieve the bandwidth allowance needed to perform at their highest possible rate of return in SMT ecosystems.
= Supply and liquid steem available decrease.