I still don't see why the average stakeholder would give any of their potential value to anyone else. There might be a few out there who would try, but most would simply take all the rewards for themselves. Which would make it something like this:
https://hive.blog/steem/@tarazkp/locking-stake-for-100-passive-income-improving-content-helping-apps
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TL;DR?
The idea has legs, but it isn't going to likely get traction nor be a smooth transition if implemented. There is a lot of resistance to this kind of thing by anyone without stake. Which is understandable based on the set expectations of the platform - perhaps this is a discussion better suited when there are native SMTs?