I totally agree with your suggestion @aggroed and a matter of fact I have been spreading the word about this idea for weeks on different occasions.
I would like to see, that the Coin "Steem" and its "Reward Pool" will be designed more towards an infrastructure Coin instead of using it primary for POB content discovery. The reason for that this is, that with the introduction of communities and SMT the Steem Ecosystem is not only more about "Content creation" and discovery.
No, we have a bunch of financial dapps, gaming dapps, services etc... which don't have anything to do with content discovery. All those Dapps should have more or less "equal" chances to receive Support from the underlying Steem Reward Pool mechanism to earn and empower their communities.
I think Steem is good with Steempower for Voting on Witnesses and Proposals (plus a new feature in the future Voting for Communities and Dapps) and as a source of Ressource Credits. For me that should be enough, on the level what Steem is doing to support its Ecosystem and for the use of the POB mechanism...only vote for Witnesses, Proposals and SMT or Communities.
No, more voting and abusing the reward pool by creating and discovering or gaming the content creation part.
All this POB content creation and discovery mechanism should be happening on the level of SMTs, and its communities, because these groups will have Admins who are able to set in rules how each community handles its users and the way they value content creation.
If Steem gets understood as a infrastructure Token and SMTs are understood as a empowering Community Token, than we have a clear Vision for all participants Investors, Users and Creators alike.
I don't like the idea that we are aiming for a SMT Ecosystem where all these project fight for attention but the real mining of Steem only happens on the content side of things...somehow that doesn't make sense.
- But, I don't necessary agree with your point in regards to the Payoff. Steemit.com will still be a part of the Steem Ecosystem with its own Token / SMT and they will be holding lots of Steempower in their main Account. Since, our Main Blockchain Developers are now running a profitable business they are able to moderate and design the Steemit.com site to their needs.
The competition within the Ecosystem should fire up development and better UI / UX experience across all Steem Dapps.
In my View the main Steem Reward Pool should be distributed only to Steempowerholders, Worker proposal funding and Witnesses.
Steempowerholders can only Vote for Proposals and Witnesses.
The distribution of Steem thru POB (minimal version) only should happen on the level of the official main Accounts of Dapps / Communities thru delegation and Voting to there main Accounts.
No POB on Content creation or curation! This will only happen on the level of Communities within there own SMT system.
Community and Dapp leader could than decide how they want to utilize the incoming Steem revenue for there own communities.
Yeah, I think POB for steemit.com should be rewarded on a separate "steemit" content token. Keep investors happy and keep the price of steem happy.
In this scenario the inflation coming from the reward pool would be much lower and the incentives for holding Steempower are much more clear and valuable. But still there will be selling pressure coming from the SMT / Steem pairs of content creators that earned SMT Tokens and than convert them to Steem and Sell it.
The SMT community leaders than need to figure out how they want to incentives their users to hold on to their Tokens. One idea is that the main Account of an SMT should hold a large portion of Steempower (which gives them some revenue from the Reward Pool) to give their Token a more base level Value.