ETH is moving to POS which requires only stake be locked up to be a nod, no onchain voting/governance. One token = One vote - This means that for every 1 steem you have you can vote for one witness. It may not be perfect but def worth poking a stick at.
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Hmm, thanks for that. I like the idea of locking it up for voting purposes... to be honest, it's hard to figure out the fairest system, when we haven't actually worked it out for normal life yet either...