Hello dear friend, @letssittt

You have beautifully described the given topic. You are very right that these metrics are the true signals to diagnose various aspects of the Steem Blockchain.

One of the major issue that is created by the misuse of these metrics is the account forming and the rewards farming. These things grow up the metrics artificially and we are unable to detect the natural engagement or so.

Thanks for sharing your entry, good luck for the contest.