It 4 am here too and i was typing it in a phone with no spellchecking so sorry for the speling mistakes.

I do not see how SMT's can stabilize the platform other than prople leaving and joining better built solutions. But with steem power concentration in a few hands all new projects will be put at risk again if they choose to utilise the same.rrward system. And a very fair distribution of tokens has to be worked out for it to work.