Steemit's stake, as things are progressing currently, will be hidden and unaccountable, and can easily interfere and manipulate the allocations. Given likely voter participation rates, this can be done with even a small portion of it. IMO this is a poison pill that is a huge drag on the whole idea and makes it not a particularly useful solution to the issues brought forward by the "events" of the last week as you have described it.

I flat out do not trust the competence, judgment, and intentions of Steemit given experience with the past three years and I'm not anxious to support yet another system they can continue to screw up.

I realize this isn't terribly constructive but unfortunately I consider the "events" of the last week to be somewhat fatal to Steem ever truly recovering from Steemit's noxious influence, much as I might like to see it happening.