Every bit of improvement upon the platform will help to make Steemit more stable, with everyone trying to help in the way they can like you are doing, this will be a platform we can all be proud of to be "pioneers".

https://steemit.com/steem/@jl777/sbd-at-0025-btc-how-is-this-making-any-sense-i-explain-what-happened-with-the-pricings-today has an update

jl777 - thank you for being proactive about this.  I am extremely interested in market making Steem and I need the liquidity reward to build up steem for making these markets.  I am looking forward to a solution and I am now following you.

I've been following along with these discussions because, well, I'm ignorant. I've never been a trader and know very little about market making, but I've learned a lot from the white paper and from your posts and discussion comments. Thank you for being part of this community and bringing your expertise.

I've also been impressed with the quality of the dev team issue tickets on github and the code (*and test code!*) going into each release. I too feel like this place and this time is somehow different than anything we've seen before. I'm hopefully optimistic.

Nice post!

That is such a good news. This post should get 10k.

Keep on it, your efforts are appreciated. Just not by people that can vote you more than a quarter...
What's going on with the liquidity rewards is a total scam that is taking from everyone here, whether they understand it or not. It would seem that rigging the rules, executing wash trades, and gaming undisclosed algorithms borders on illegal. Your pestering them to do the right thing, just might keep them out of trouble.

It's great that they are searching for answers, but as a newbie to this market and STEEM, it seems the way liquidity rewards work are inherently flawed.

I mean, I'm sure there could be a sensible solution to the current problem, but my question is "what about everyone that has already exploited its capabilities?" I hope the developers have a clear answer to that question, otherwise, the gains already made by exploiters will make it too difficult for anyone to catch up to. Basically, what I mean is that STEEM would need to punish the users that took advantage to bring the market to equilibrium. Otherwise, the whales will maintain control regardless, perhaps even increase the whales' powers if they lower liquidity rewards across the board. Also, if they fiddle enough with platform that makes whales lose trust and cashout, then the price of STEEM will likely crash hard with the whale exit, or call it whexit.

After having analyzed this platform carefully this past week or so, I think STEEM is a great social and cryptocurrency experiment. Ultimately though, it seems the this platform structure will be copied by someone without sharing the exploits and problems STEEM is facing right now. In fact, a competing platform with more thought and features could be STEEM's crux. I've cashed out for this and other reasons. I expect STEEM to continue to make some headway, but I also expect STEEM to crash and burn in the next couple of years or so. I just see too many issues to have trust in STEEM.