The 7 day payout is an issue but as far as I know, there are ways around it and there are ways an SMT application can deliver it differently. I think it will change in time anyway though as I think it was a limitation put on to manage the calculations.
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I had thought about SMT's going around the problem alright. Any app being able to keep paying out weekly in their own token which we can then exchange for steem. If we ever see them. Still this should be a big year for the chain as there is so much poised to come out.
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