I think flagging MUST remain an option!

It is a neccessary tool to protect the platform from abuse, like all tools it can be abused in itself, too.

We certainly need to look into ways of holding large stakeholders more responsible for how they use their voting power, but we should not abolish stake driven flagging under any circumstance!

Yes, there are destructive figures who abuse their power, but changing the flagging system in a way as proposed by yourself here does only give the playing field to multi-account farmers (some of tens of thousands of low SP accounts) and would be abused even worse.

No flagging option at all, just as bad, imagine what a self-voting high-SP farmer would do to the reward pool, without ANY option to put the breaks on him!

As a matter of fact, I would hope flagging to get more incentivised. I believe there's too little flagging and too many whales son't flag because they lose the profit they can generate with their voting power.

A separate VP-pool draining independently from the upvote-VP for downvotes has been proposed and I am a big supporter of that idea!