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The system of rewarding long-term holders, or SmartRewards aka “staking” allows any user who has from 1000 SMART at one address to earn an attractive rewards. This percentage is much better than the bank can offer if you make a deposit and much safer than other staking systems, where you risk your money and do not have access to your coins for a long time.
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coinlance.com
The block reward distribution model will change as follows: SmartRewards 89% ( used to be 60%), SmartNodes 10% and mining 1%. Hive Teams & SmartHive block reward payments will stop. The increased percentage for SmartRewards will boost the yield & appeal and make the distribution of coins more decentralized.