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RE: Burn Credits: What if you were rewarded for burning tokens?
Ahh, that's true, also wouldn't work for witness voting or proposal voting now that you mention it, so yea as I mentioned, wouldn't work for Steem. I wonder though if it would increase vote trading, because you have to make a pretty big sacrifice for it to be worth it.
My thinking is that after a permanent conversion you cannot get out. People who are stuck have no incentive to behave.
I think the incentive to behave would be the exact thing that you're stuck. If you make a bad name for yourself and the community turns on you, as long as you're anonymous you can power down and create an alt, but if you had funds permanently powered up, if you get blacklisted you doom that account to only being able to earn inflation and curation rewards.
You'd have to take a huge amount of the token totally off the table for only inflation and curation to be of any benefit and I think in that case getting any sort of ROI would be impossible or improbable at least.