Greetings Steemians,

When we first introduced our `SmartPoints` concept some questions were left unanswered. This post should cover the most important ones you might have.

<h2>What are SmartPoints?</h2>

`SmartPoints` is a token system we've created to reward delegators to @smartsteem. SmartPoints can be redeemed for services, which are going to be released in the near future.

<h2>What are SmartPoints worth?</h2>

Right now, they're worth nothing. But we're planning on giving `SmartPoints` value.

For example, by incorporating them in our service fee structure thus creating a need for them and by setting a fixed supply. Besides that, our plan also includes an option for redeeming `SmartPoints` for future project services/products.

<h2>How many SmartPoints will there be in existence?</h2>

There is currently not a final amount, but we will not dilute already existing SmartPoints by printing much more. Once we've released our new version of Smartsteem.com, we will most likely answer the question about the total supply of `SmartPoints`.

<h2>Can SmartPoints be redeemed for Steem?</h2>

Maybe in the future.

<h2>Can SmartPoints be traded?</h2>

No. `SmartPoints` can't be traded at this point of time. But they will might be tradable in the future.

<h2>How do I get SmartPoints?</h2>

For every 1000 Steempower delegated to @smartsteem, you'll receive 1 `SmartPoints` daily. Distribution is at 3 PM UTC.

<h2>Where do I see how many SmartPoints I have?</h2>

You can find the number of `SmartPoints` on your account in your [Smartsteem.com dashboard](https://smartsteem.com/dashboard).

<h2>How do I know you're actually distributing SmartPoints?</h2>

At every distribution, we're broadcasting multiple transactions (`custom_json` with id `smartsteem` and first key `distribution`) to the blockchain, which are containing the distributed SmartPoints.

*Info: The 2nd distribution on the blockchain was unplanned and thus is not being added to the total distributions. Everything else afterwards, is correct*

<h2>What are you doing with the delegated Steempower?</h2>

Curating content on Steem to retain and attract users with the goal to increase the value of Steem tokens over time. We are **not** self-voting nor selling those votes or other forms of abusing the Steempower. You can follow what we're curating via SteemPeak: https://steempeak.com/@smartsteem/trail

Besides curating, we're also actively using the Steempower to downvote abuse & spam on Steem.

<h2>More Questions?</h2>

If you've got more questions, please let us know in the comments below. If they are fitting into the FAQ, we'll add them as well.

Sincerely,
*Team Smartsteem*