The word for palindrome should itself be a palindrome. Palinilap? Dromemord? Mordedrom? The first would be most in keeping with the Greek root "palin", meaning "again". But I'm partial to "dromemord" myself. Whatever the preferred option might be, we can certainly do better than what we've got.

Un-Gerrymandering X-Prize

I know there are people who have done a version of this already, but let's make it a big deal. A national contest for college and other developers to create algorithms/apps that generate fair and sensible voting districts. $10 million dollar reward for the winning team/individual. Implement the winning solution nationwide to end gerrymandering.