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RE: The Role Of Automated Market Makers For Smart Media Tokens - The SMT White Paper Series, Ep. Two
Thanks @dragosroua - where does the liquidity reward come from though? Is it just from the spread on making the market or is there some actual reward amount set aside for market makers in block creation?
It is mentioned on page 26 of the Steem Whitepaper, but it's not clear where it comes form. I remember reading in previous versions that this liquidity rewards was awarded from inflation, but I can't find that paragraph anymore.