I am working on the Website and currently thinking about the right design structure plus a way how to fund the front end developer. I first want to be 100% sure to get a voter in, because i don´t want to waste 160€ for a empty worker. I do not have spear funds fur such a deal. So before we think about a big rebranding, let us use what we have so far. Refaine our core values and talk to our core target group.
You should have posted this to STEEM.
And for the morons who think that the Steemit posters will lose value of their bitUSD (STEEM backed crypto dollars are the same thing) relative to USD as they go to cash it out on July 5th, I have to laugh and realize that not even some of the BitShares faithful know that the concept of:
"the value of 1 bitUSD can always be sold for $1 USD" is true
But for these people who are afraid that the value of bitUSD will fall relative to USD I will do you the favor and do your homework for you:
On July 5th the value of STEEMPOWER will fall as the STEEM backed dollars are pulled out of the system. Sorry but the concept of smartcoins has been around now for years and when you act like it does not exist, it kind of makes me feel like a genius and realize that if the BitShares locals still have not learned what the heck a "smartcoin" is then...... (do the math)(early adopt much?)
How is the value of the bitUSD (SBD) going to hold it's value during this predictable exodous? By barring the doors of the STEEMPOWER holders (and taking their money and giving it to the curators).
Duh.. "smartcoins" hello. STEEM is a simplified fork of BitShares not a more complex one (no shorting/margin calls etc). Wake up class, life is passing you by.
ELI5:
STEEM - It's just a BitShares fundraiser
As far as branding goes. Let's keep the "BitShares" brand of smartcoins, but since our DEX is so kick ass performancewise, I do believe that we should start calling it:
"The DEX"
It is after all the first and only place that I know of where you can create and trade smartcoins (those things that many around here still fail to admit the existance of!)
Where is the best discussion of how the STEEMIT dollars work without the long/short mechanism?
The Steem Dollar is an amalgamation of stable coin mechanisms, largely influenced by Vitalik Buterin's seignorage shares and other seignorage based stable coins, as well as lessons learned from BitUSD, Nubits and Dai. Other than seignorage, the token is supported by automatic distribution at a set rate, the holder's ability to use the blockchain to convert to Steem, price feeds and a target % of market cap. The blockchain has self-balancing seignorage mechanisms to make sure SD stays at a target % of market capitalization. To improve price feeds and liquidity, trading occurs off-chain or on-chain, however, one of the important facilitators of SD is the subsidized blockchain-based market between Steem and Steem Dollars.
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testers needed for Steemit's Alpha. Link to steemit.com ALPHA testing session posted in 