So happy we have this. But I see a pretty big problem arising. Almost nothing that is listed in the moderator election from page 5 onwards has nominees. I don't think this has to do with the quality of the niches, but rather people's lack of interest to scroll past 3 pages of anything. (i think search engines prove this).
Given that they are listed first come, most of the Founders have moderators and will therefore collect payouts, and almost nobody from the patrons through to this summer's new community members, can collect. I think this is a very unfair advantage.
May i suggest coding in a way to reorganize the moderator section so that a member can choose to see it alphabetical, or by time posted. Otherwise what is the point in owning 5 niches? People will be waiting a long time to have their niche come up to a page one, if at all--is there even a mechanism that deletes a niche moderator election once all the moderator slots have been filled?