I think the more important element here is that when one exchange starts listing STEEM SMT pairs... more will look into it as well. It’s truly trailblazing what they are doing: no SMT token yet and already creating a possible market for it, even with temporary SMT tokens.
It’s a potential win and a definite experiment for both. Remember that SMT tokens do not yet exist, and Steem Engine the side chain is still unproven, even doesn’t yet have a consensus mechanic.
This is market creation, genuine creation and that not in the usual sense of using a bot. This is developping a whole new ecosystem: making the SMT DEX which may or may not come from another developer. And when it happens, then suddenly all potential dApps can actually apply to get their token listed, with or without existing SMT DEX on the Steem blockchain itself.
This is like State of the dApps listing of STEEM but then on exchange level. But that is seen or not seen.