My understanding is that this proposal would fund development of the open source backend. But it would be good to confirm where the "BTC market" feature would be implemented.

If this is the case, then the funding does help them if it allows their proprietary frontend and deposit services to collect more fees. But it would allow others to also provide these services, which will happen if the market is big enough as long as the critical infrastructure is openly licensed and reusable.

I am persuaded by the argument that more use of the DEX is good for the Hive price since users will hold Hive to participate in the markets.

@aggroed any thoughts?