I am an active investor in LEO and passive long term investor in Steem.
The reason behind being passive investor in Steem is that I have a niche which is investing, trading and business related. I can't follow everything in Steemit frontend. Though I have significant amount of SP, I am disagreed with the current status-quo: Steem is used for reward pool.
My proposal was to decease Steem for reward pool and put SMTs in the hand of DApps to decide the distributions and experimentation. Successes and failures will depend on the DApp founders and communities, therefore, it will be truly decentralized. People will find their niche DApp and hang over there. Controversy around STINC has jeopardize Steem's success. STINC can launch their own SMT for Steemit.
Let's see how SMT and community solves this problem.
Steem can work as a baseline infrastructure and will be required for resource credits to be active in the blockchain, rather than used for reward pool. PoS is already there at 2.25%, total inflation should be lower than 4%. The scarcity of Steem due to demand in RC would appreciate the value of Steem.
RE: The Tale of 5 HODL’ers | Why Anyone Would Hodl STEEM?