As @shanibeer said, that only adds to the need since it did create a "sink" for STEEM. There are lots of places to put STEEM on Steem-engine. Even when one sells the token, it is for STEEM, not the other way around.
And when STEEM is put in there to buy a token, it is held as a backing for the Peg. The STEEM is not sold on the open market (outside the ecosystem).
Sure, but I’m thinking of the fact that people are just accumulating these tokens and they haven’t really changed their behaviour except maybe strategically added some extra tags. Their accumulation of steem is the same and at the same time they’re earning extra tokens (duplicate or triplicate earning).
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Thats a good thing as long as the earned tokens remain in steem ecosystem(scot) and not just converted to steem only to hit the external markets for fiat or other crypto