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RE: Understand Steem (the crypto-currency) and don’t get burned
Risk: Likelihood of total loss. ;-)
Glad that the work as been done prior to come up with 2 great contributions from Bitshares. Market Pegged Assets and STEEM POWER. Steemit is an idea who's time has come.
The Steem Dollar is a bit different from an MPA as its highly defined by seignorage and the price feed .. Lessons were taken from Seignorage Shares .. Something cooked up by Vitalik