I believe moderators and owners have not enough power when it comes to moderation in streams and such. We need features such as:
1. Implementing apps on streams (like discord)
2. Automatic bans to newly made accounts with a certain word or phrase in it
3. Mods being able to vote on if an owner should be removed and what mod should replace said owner
4. Increasing the stream name number limit to 50
5. Make the approval queue more organized, with buttons to specifically approve sfw or nsfw images/gifs
And 6. Owners having the authority to keep community/site mods out of their stream
If these feature are added, I believe imgflip would be a whole better place.