I very much like that idea but there should be a cooldown on it before it become eligible for upvote or else people would move in and out just to farm the reward pool. Whales could totally ruin the HIVE distribution without any penalty. Imagine Justin Sun buying a couple million HIVE, upvote himself or his buddies and then move out and dump the HIVE on the market, potentially at a gain because others followed the green candles and pushed the price a bit higher than JS paid for it.
That used to be the argument from the DTube founder, that HIVE should be always liquid. This is why the he made the DTUBE token 100% liquid but loading up power over time, without any cap on the voting power. It just loads up forever until you use it. Not sure if I like that idea for HIVE though, it would be an entirely different process than we have now. But something to think about in that regard.
Posted Using LeoFinance Beta
LEO also works the same way...just saying
No, it doesn't. LEO pays out liquid rewards, instead of powering up half of them. But you still need to power up LEO in order to get access to the LEO inflation distribution. However, the power down period is already drastically reduced compared to HIVE, with four weeks instead of thirteen. If we eliminate Hive Power (or LEO Power) completely, there would be no powering up anymore and all tokens would be 100% liquid all the time. The question is, how would we handle inflation distribution that way without opening the doors to massive abuse?