Fav's right. I can envision a scenario (over time) where the best referrers care about only 1 thing, getting more referrals. Then it becomes like so many social networking schemes - basically a pyramid scheme where all that matters is bringing new people in. Once the saturation point is reached it all collapses.
Thus would result in cycles of referrals and "referrer kings" vying for the top spot, become disillusioned and then move on.
Anyway, not too keen on the idea, but it does have a certain appeal. Perhaps it could be refined into something useful.
You're always coming up with something new luckybit (
), you're quite the forward thinker!
Incidentally, this is an example of where automation may not lead to the anticipated outcome. One way to limit this would be to have the voting weight given to the referrer adjusted by a parameter which is set by delegates or a shareholder vote at large.