Maybe the function rewarding sp is too steep. I believe the function is based on squaring, why not based on a smaller exponential. Bots are not a problem unless not armies are making worthlessness ostensibly of over. Dollar or two. I honestly don't think this happens . If it does just penalize by the percent of votes that go to the same author like the thirty minute rule. If 100% of votes are one author then voting power drops to 1%, if 50% then 50% and if 1%?or less go to same author you get 100percent voting power.
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The squaring function of SP is largely a misconception. SP is linear-weighted between accounts. 5 accounts with 1 SP each voting on a post is exactly equal to one account with 5 SP voting on a post. The squaring comes into play when comparing posts against each other. A post with only a small amount of SP voting for it gets essentially no reward at all, and the reward rapidly climbs as the amount of SP voting for it (whether from one person or multiple people) increases. This is useful because otherwise you would have thousands of spam posts getting paid each just getting a few votes from each of those thousands of bulk accounts that @alexgr just posted about (vote limits per time does not work there).