RE: Understanding SMT Features

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Understanding SMT Features

in smts •  5 years ago 

They will not need Steem because the SMT hardfork contains resource credit delegation pools. After the SMT hardfork, RCs can be delegated to anyone with a Steem account.

Actually no this probably won't come in future products because SMT parameters cannot be altered post launch. There are better ways to achieve this objective. 1. At launch fill an account with extra tokens which you can choose to release onto the market whenever or burn. 2. At launch create an account and set it to fill with some amount of token inflation. You can then choose to put these tokens on the market or burn them. 3. If you decide you need to adjust the tokenomics of your token (like the inflation rate), you can release a new version of your token (E.g. TokenName v2) and airdrop new tokens to your existing stakeholders. If you want to make arbitrary changes to a token, it should be a soft/emergent consensus token.

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I see, thanks for the answer!