The outsize influence of whales is a big problem. Maybe the right answer is to place a cap on the effective shares, so that if a wallet has more than, say 500k GRC, the shares for the balance portion would be limited to 500k GRC. we would obviously need a vote on that (with all of the problems that entails).

The idea of shares following balances, or balance + magnitude, is based in the fact that voting power should follow the amount of “skin in the game”.

Folks that have a lot invested in GRC should have more say than someone with a very low GRC holding.

I like the idea of including magnitude as part of the qualification for creating a poll. There is already a well defined formula in the code to compute the share value for magnitude.

I am not sure whether increasing the fees to vote is really going to make much difference, and I don’t believe a whale would bother to create 1000 wallets to trick the system in a massive way. It is too much trouble.