"Might work"? It's already working :)

Now, about the currency, that's a difficult one to approach because it is a ...subjective currency. In other words, it has different properties for different people.

A STEEM buyer at poloniex or bittrex, has a coin in his exchange account that will inflate at a 100% rate.

A STEEMit.com user that has STEEM converted to STEEM POWER, will get 90% increase on his coins.

Now, this means the currency is diluting fast for the first user, and isn't for the second user. So the typical third-party analysis that tries to examine the situation in an objective manner doesn't really apply without a lot of asterisks since there is a very subjective element in whether STEEM is vested or not.