Why not just take 20-30% of the daily rewards pot and make it a STEEM Power daily interest of sorts. This new, second pot, could be dispersed linearly, at a rate of "x amount" per ever 1000 SP your account holds.
This would eliminate the voting for rewards and we would see more people voting on content they actually enjoy, whilst providing an incentive for investors to hold SP to earn a daily interest.
Accurate voting could maybe help to establish reputation instead, so there is still a reward for that. And to be honest, I feel accurate rewarding sounds more like something that should be associated with rep.
There would probably have to be a little more to it than that, but I just thought of that now and thought I'd share on it in case anyone else feels like building on the concept.
The part about paying SP holders a fixed interest in place of curation rewards is basically what is being proposed.
Reputation based on voting is an interesting idea. I don't know how it could be done though. It seems like a challenging problem to solve.
My apologies, I didn't realise that. I do think it important that it would have to linear though. Otherwise it wouldn't really incentivize buying STEEM and powering up. If you need to have over a million SP to be getting interest worth your investment, which is pretty much how it is with curation at the moment, then I don't think very many would bother to power up.
As for the reputation thing.. My technical knowledge is very limited. I hadn't realised it would be a very difficult task. I thought it would be as simple as changing something in the code from value=STEEM power to value=Reputation.
Lol. This is how little I know of coding. Just felt like sharing an idea that popped into my head.
As far as it being linear, that would be the plan.
Still a cool idea :)
Nice.
There has been quite a lot of great ideas posed recently. I'm rather intrigued and equally excited to see what happens in the near future.
Me too :)