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RE: Announcing: Smart Media Tokens (SMTs)
Thanks for the explanation. Will there be enough liquidity though? Or is also Steem Power being used as a reserve pool?
Thanks for the explanation. Will there be enough liquidity though? Or is also Steem Power being used as a reserve pool?
The tokens that use the reserve currency function will have instant liquidity. This is part of the Bancor protocol that the steem developers are emulating. From what I gathered on the white paper Steem Power will not be used a reserve pool.