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RE: Vlog 318: Voting bots or promotional services have their place on the blockchain for now.

in #life • 6 years ago

That is potentially accurate... I don't have any details pertaining this, but I would assume a bot would be setup to guarantee liquidity. Ver much in the way SBD and Steem interact.

6 years ago in #life by
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     6 years ago 

    Automated market makers
    As an example, one piece of meat that we are working on is the automated market maker (AMM). AMMs will enable an entrepreneur launching an SMT to create instant liquidity for their token so that people can immediately begin buying and selling it while also establishing a baseline price level for that token. Leveraging the AMM is an optional feature for an SMT, but those SMTs that do use the AMM will be able to economically bootstrap themselves with a turn-key solution for providing bi-directional liquidity in the on-chain market.

    Source:
    https://steemit.com/smt/@steemitblog/smart-media-token-development

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       6 years ago 

      perfect.. I expected as much, I just was not sure.

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