I’ve been seeing suggestions that at some point Steem might be no longer used for the reward pool and be replaced with SMT’s. Among other things, this would greatly reduce Steem’s inflation rate.
I’ve been seeing suggestions that at some point Steem might be no longer used for the reward pool and be replaced with SMT’s. Among other things, this would greatly reduce Steem’s inflation rate.
I think, ultimately, Steemit.com will have its own token. Does this mean that STEEM is no longer used for reward? I cant say. I believe Steemit will use SMT to create a token to reward users on its site.
It will be interesting to see how this unfolds.
STEEM is going to be required for the RC Pool and as the pair for the SMTs created on the internal exchange.