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RE: Hardfork 22- SMTs, Let's Burn Steem!
I like the idea of having more sinks for Steem to support the price. We are missing those sinks.
Thinking out loud here ... but as an alternative/twist on this idea, when SMTs are released couldn’t the inflation rate of Steem be dramatically dropped at that time? This might accomplish a similar thing (if I am thinking about this correctly) without the need for charging people. This would allow us to continue to be a “free” blockchain. With people earning SMTs, a large Steem reward pool seems less necessary? Does that make sense?
steem sink. SMTs backed by x number of steem held per unit. ?