It would be abused by whales buying their own SP into accounts with 100% voting power. But you knew that already.
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It would be abused by whales buying their own SP into accounts with 100% voting power. But you knew that already.
In that case, liquidation could take as long as it would take for voting power to regenerate from a particular %, to discourage it.
I can't reply to @matrixdweller ... but it would be trivial to make it so that voting power is weighted based on current voting power of either account and steem power.
This would eliminate the abuse that you readily point out.
Not if you put a 12-hour waiting period on it. Like with SBD.