Automated market maker aren't included on SMT lite? How are people supposed to swap between SMT and STEEM? Build an exchange themselves? SMT swapping with order books will have horrible liquidity like most of tokens on Steem Engine lol
Now that you haven't developed it yet, What do you think about making the automated market maker resemble Uniswap more instead of Bancor? I believe Uniswap model will encourage more STEEM to be locked up compared to Bancor and it also will have more liquidity because adding liquidity to it is Incentivised. Uniswap contracts are also open source.