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RE: @snowflake's really interesting proposal - Turn whales into moderators and give dolphins all the voting power (TLDR Version)
Then display yesterday's vote value. I am aware that vote value changes as I watch the value of any decent payout dwindle as the day goes on. The reputation score clearly is not a working entity. Maybe a range value - $0.01-0.0125 - or give the vote value based upon the previous 7 days on steemit - yes, there will be funnies if someone has been away - then you use a median.
Transparency is being averted if there is no explanation. At present, there is no explanation on a "transparency" promise. You know that I know!
The current reputation system is a temporary thing. It was not intended to be the final implementation.
It is more than just dwindling. How much your vote adds is actually a very complicated calculation, and it is dependent on a lot of things at the time the vote is cast, as well as what happens to the post for the remaining time until it closes. There isn't a fixed amount for how much it is worth.
This site should show you what you are interested in:
https://steemstats.com/