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RE: What happens after a Chain Split?
Yes.
Everyone is frustrated we had to wait too long for DAO and we are waiting longer for SMT.
I think using SMT wisely may resolve issue of rewards.
Dao proposals can potentially inject money into the popular communitied, projects and SMTs, and the reward pool can slowly be shut off (or send more % to dao).
Maybe some steemit steem can be delegated to community supported delegations (I'm not sure how it was decided before).
Hopefully trust can come again.