I have proposed using an algorithm that dispersed rewards based on Huey Long's proposal for income: no one should receive less than 3% of the median, nor more than 300%. This leaves two orders of magnitude to create incentive for quality content, but doesn't leave any content void of incentive. It also eliminates the ability of whales and bidbots to mine rewards, as the median is so small that massive stake has no interest is such pittance.

This would be unpalatable to everyone (we all want massive payouts, and like lottery players, fail to note that we dream impossible dreams) unless a means of gaining higher profits exists. I therefore proposed nominal dividends from delegating or directly funding development via the SPS mechanism @blocktrades has recently completed, and devised for the use of the @steemalliance foundation that has recently determined it's corporate structure, and is intended to fund development of the Steem ecosystem.

There is a fundamental difference in affect on the investment vehicle between capital gains derived from increasing the value of the investment vehicle, such as development is intended to create, and extracting profits from the investment vehicle, which is what bidbots presently do. What I propose is to promote the former as a means of enabling ROI, and discourage the latter.

Any way that is achieved will improve the current situation regarding Steem's market performance. Water flows downhill because that's what the code (physics) makes profitable in energy cost. Investment simply follows code, just like water.

Thanks!