Sounds interesting, so I’m new to steem so I doubt that it would much of an effect on me. But change is always good especially with the shown interest of the exchanges involved. So will the SMT token replace steem or just be an addition to the existing forms of steem?
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No smt's won't replace steem and sbd. Infact the main trading pairs on the new internal exchange that will come with it likely will be steem and sbd. So odds are they won't lose their importance.