I was even thinking of a lock up incentive for the leo holders, that would trigger people to not power down their stake but instead earn interest for specific time frames (1 month locked stake -> xleo. 3 months locked stake -> 2x leo and so on and so forth)

That would put even more pressure on the price because the only way to keep earning leo tokens would be either by creating content aka earn author rewards or by curating content aka one needs a significant stake to mine new leo tokens. Oooor...buying directly from the open market

Win win in every case. Just brainstorming here