If they powerdown to buy the tokens, STEEM will be locked into the SMTs(via automated market maker)...which reduce the supply of STEEM and increases the price.
You are viewing a single comment's thread from:
If they powerdown to buy the tokens, STEEM will be locked into the SMTs(via automated market maker)...which reduce the supply of STEEM and increases the price.
@cryptoctopus,
Oh I didn't get it at that time... Yeah you are correct low supply high demand will increase the STEEM price also! Such a big fool I am :D
Cheers~