RE: Multi-Exchange Steem Market Maker - Reposted from Creator account in order to submit the proposal

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Multi-Exchange Steem Market Maker - Reposted from Creator account in order to submit the proposal

in steemproposals •  5 years ago 

what do u mean??

steemproposals
5 years ago by

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      ·  5 years ago 

    in stellar you can have tethers to fiat and cryptocurrencies and then easily and cheaply trade them between all of them. stellar is a hard fork of ripple and many companies use it also to make bank transfers more efficient. if there was a stellar network to steem link it would provide us a cheap decentralized exchange, if we fix the SBD exchangerate to the dollar value, through triangular trade between SBD steem and stellar people are incentiviced to keep the SBD value at 1 dollar. these exchanges between stellar and currencies are called anchors.... people from other networks will have it then easier to come to steem. it would fix steem dollar, steem liquidity and steem value...

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