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RE: Why I LOVE SMARTCASH 💛 Powering Down My Steem For SMART?
quite early days for it, certainly looks enticing. I can't help feel a bit reluctant about those smart rewards, where is the value coming from, mining, did I get that right ?
as in, instead of paying the miners most of the reward comes to the smartcash holders
Miners get 5% of the Block Reward and 15% goes to SmartRewards... but miners hold the coins as well so they benefit from both :) Plus it acts as a price stabilisation mechanism, so it's pretty cool!