I could go along with that overall.
More specifically though, I think if they really wanted to address "the self voting problem" they needed to go something like 90/10% split for curation/author rewards. Something to incentivize people to not self vote. Policing them with downvotes will cause more damage than good.
I mean the only reason people buy steem right now is to get their ROI via self votes etc, they will be removing this demand driver with the coming hard fork.
Something that might help would be changing the 3 month window to like a 2 week power down window, that might help some in regards to SP demand as well.
With the option of an immediate power down costing 5% of your stake or something like that...
No hedge fund can currently hold SP because they cannot get out in a market crash...
RE: WHY IS STEEM FAILING? BECAUSE YOU ALL BITCH AND WHINE ABOUT SELF-VOTING.