"smart coin" = an unfortunate misnomer for most existing meme/creator coins, as most of them are very dumb. that being said, i firmly believe "smart coins" are the future..allow me to explain

- if a coin isn't earning 100% of its trading fees, it is a victim of extraction from the platform it was launched on. it's a dumb coin.
- if the creator has to sell or LP the coin to earn, it's a dumb coin. LPs are great, but they should not be the only way to earn other than selling.
- if the creator has to sell or single-sided LP their coins for marketing expenses, they're dumb coins. smart coins use the new tech available to avoid this classic issue.
- smart coins should be designed for long term value accrual to both the team that created it (if necessary or wanted in order to align incentives), as well as the community through automated buybacks and burns.

- if your coin isn't composable with defi protocols, it is by default a dumb coin.
- smart coins should recirculate value, which is something jesse points out
- if your coin can only reward ecosystem builders with itself, then there will be long term sell pressure. smart coins avoid this.
- if the only thing your coin has going for it is that it's fast and cheap, it's a dumb coin. smart coins are fast, cheap, and sustainable.