Side note: The second graph gives the impression that the DHF has been half used up, with 40 Million Hive already used. What about the money going into the DHF from various sources is that factored in here?
If we take a very rough average value of Hive over these years as being around $0.30USD, that's a rough figure of $12M spent from the DHF.. and we don't even have a basic educational video about Hive for any audiences to show for it.
Spending the remaining funds on powering numerous competing UIs without addressing marketing issues could kill Hive.
Here are the funds spended each year .... just above 8M
The chart above is in HIVE units so to speak. All other sources go into it in HBD form, and those are factored in the virtual supply that converts all hbd to hive, including all the hbd in the dhf.
To clarify, are you saying that the 2nd chart in your post includes - one way or another - all sources of value that are within the DHF (expressed in the chart as Hive) - or are there other funds not represented in the chart?
When you say 8M spent - is that in USD? What percentage is that of the total value of the DHF?
Thanks
The focus of this post is not the DHF so there is no breakdown for it
This chart includes all the HIVE, not exaclty steuctured as value in the DHF. There is more value in the DHF from the aditional 23M HBD there that is taken into acount together with the 10.7M freely circulating HBD, or a total of 33.7M HBD L, then is converted to HIVE in the chart above as virtual supply.
For the 8M, that is in HBD.
I think part of the challenge here is the English translation doesn't always make full sense.
I was referring more to this chart:
This chart is only for HIVE in the DHF, HBD excluded.
I had assumed that the DHF was all stored in only one token and not a mix of both - it's not something I have studied the mechanics of in depth.
Its a mix since the Hive fork of 2020.... the old Steemit inc funds in HIVE ... and yes this is odd, the DHF should hold HBD only .... but they put those 83M HIVE in slow mode conversion to HBD to avoid price shocks