Hi, thanks for your opinion :)

1. Yes Daybit is small at this moment, but its mother company is mega size. Actually it did hit over top 20 volume size in the beginning. But they didn't use any market making (a.k.a. fake volume generators) transactions -> that made failure the protecting their Day token value. Now they are preparing entire re-structuring by pouring their resources. We think their volume will spike up again when they re-open around March.
2. Small initial step is always very important. I don't see any possibilities to make all SMT tokens suddenly in Binance. But if we make this case successful, it can be stepping stone to approach bigger exchange.
3. I think both DEX pool and centralised exchange market pool are important. I don't see that should be either of things. But in terms of funding for projects, it seems very difficult to raise at least seed amount of funding for more than dozens of projects by making investors buying STEEM, moving into SE, and invest on SMT projects right away.
4. Daybit will have IEO feature (like the launchpad by Binance). With that, some of SMT tokens will be able to run funding before listing its token.

Again, it's all about "how" we can choose the best option at this moment. Current DApp projects that should make scale up for making the revenue stream are necessary to raise funds in this bear market. It's not like the market situation anymore when any project raise huge funds with gazillion paper long whitepaper. This is why the Steem DApps should go out to the outside exchanges. Most Steem DApps have amazing users and proven dev records rather than just having a gazillion page long wp. We think this approach will open up the new opportunities for SMT projects later on.