There is a project sbdpotato/hbdpotato that does something similar with a few hundred Hive run by @thecryptodrive. He has long since abandoned Hive though and only cares about his fork Blurt.
Yet he has 350K Steem (@sbdpotato) he started using for his dlease project on Steem and over 200,000 Hive which runs as @hbdpotato. Neither of which he will return back to the DAO.
I'm aware. It is unfortunate that this has been the outcome, at least if it does turn out that he never returns it.
In practice, this proposal will compete with hbdpotato in terms of the lower peg and the profits earned there should be reduced as a result. The profits earned here will be returned to the DHF.
retarded to fund this project. A private wallet gets donations from the community to do nothing. I was against it at the start and now we see.
On the Internet and special inc crypto why build a system on trust...