I think that this is again an amazing step towards the upliftment of steemit. The quality content will get more recognition whether it comes from a whale or a minnow, if the content is pure class it will be rewarded.
Furthermore the launch of SMT will surely help in getting the prices higher up. I see a lot of steemit users are demotivated due to this decline in the crypto industry and all those people will be motivated to invest in steem more and more.