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RE: How to Reduce Hive's Inflation Problem - Our New DHF Proposal Voting Criteria, HBD APR, and a Proposed Value Plan S.O.P

in #dhf18 days ago
  1. Yeah that sounds more realistic.
  2. I don't think that's a real problem in the end, stakeholders can remove their vote at any time if the project drags for too long and stops adding value. Ofc, each stakeholder can judge of that independently, just my two cents. As a proposal leader, I'd rather spend my time working on development than being constantly campaigning; that's also a waste of resources.
  3. Agreed on that
  4. Your last paragraph > I'd actually think that what you said on 3/ makes more sense to me, identifying waste and cutting it rather than trying to cut everywhere. Big projects cannot really be completely switched off and on at will. Talents will leave, and it's not easy to find good devs who know how to develop on Hive. Training others takes time and costs resources. Having crypto-related Apps on iOS and Android also requires a company to publish the Apps. Just adding these things here because I'm not sure everyone would necessarily think about that.

It's good to talk about these things, glad we're having this discussion.

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  1. Maybe someone can help projects out to lobby for votes?
  2. Noted
  3. Yes, it is a good point and it should be taken into consideration. Although inflating the token to keep "talent" and devs working is good for a time (like the last 2 years of inflation), many devs have been funded for a long time now and should have stake. At this point we are moving to a place where only devs will have tokens and investors will have been diluted. That is also not an acceptable scenario. And so there is a middle way there somewhere, that we kind of need to find urgently

1/ maybe, though I've done this many times it's a long and thankless task when you don't have the support of the biggest whales. I guess I'll just have to get back to it since we've just lost our funding.
3/ I was mostly talking about devs being employed by the projects, not project owners.

1/ seems ur funded again
3/ im referring to both. stake holders diluted to keep "talent" around is a totally unacceptable scenario to both the reputation of Hive builders and stake holders. Like i say, DHF outflows must be cut, and we can maybe find a balance where everyone can win and the people both voting for and receiving DHF outflows may have a chance to save their reputations as people who can avoid Zumbabwe style money printing into oblivion. Have no doubt that the votes and DHF outflows are on chain and everyone can see who is contributing to the situation.

Yup.
My point is that cutting waste is essential, but halting a project is not as easy as pressing pause/resume (depending on the size ofc), and I don't expect a miraculous price recovery from just stopping everything.
I guess we'll have to agree to disagree on that part.

Never said to stop everything. And I agree that there are still ongoing projects with CRITICAL tasks. However, We also have products that can be marketed right now, that work perfectly well and we are not marketing them.

The only way out of this is via marketing what we already have and growing back up to 70 cent Hive or so, when we can then afford the luxury of printing 3 million usd per year out of thin air to fund vanity projects like rally cars, pipe lines, and water wells, amongst other things. I also think that the existing projects that have funding are being funded far beyond what is required and that they should be looking to bring in their budgets so that we do not inflate the chain any further.