Sorry, this one slipped through the cracks.
First off, stellar mockup/design, very clear and concise. Looks like you're trying to find ways to continue to earn something even though you're at the level cap.
I agree with both the pros and cons players have already presented in this thread with regard to previously removed leaderboards, seasonality, botting, min/maxing for difficulty, etc.
That said, it's not an immediate no, so you've got a nugget here we can refine, and you're free to revise the design in this thread.
-ALS
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