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RE: Hive cost cutting proposal: Vote for the Return Proposal, add a quorum (e.g. 50%) of active staked hive, cut DAO rates, lower HBD APR?

in Hive Improvement3 months ago (edited)

50% would be too much. That would defund ALL current proposals.
The whole point of the return proposal is to have a movable bar to entry without it we'd likely never get anything funded.

User participation is extremely low, even IF we advertise the crap out of the DHF and urge everyone to vote it will STILL be extremely low. Because no one cares about this kind of stuff. be it too much work or they can't make a decision one way or another.

Using 'active' stake would also not work as a lot of it is 'active' because it's automated following curation trails and the likes which skews the numbers and makes thing unattainable.

Best bet is vote for the return proposal if the bar is too low. Doing so is basically a big fat downvote for all proposals except the ones you also vote for.

splinterlands has 878 voters, 28.9 million HP..
hivebuzz has over 2000 voters 29.9 million HP

In the end.. you need blocktrades, smooth, marky, any of the other multi million HP whales to vote if you want to pass at the CURRENT return proposal level..

Our userbase is too small and seemingly doesn't care for governance so any system we implement will not work how we want it to work.. unfortunately


I'm a hive witness supporting the blockchain.

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Good points, I think this is the tragedy of democracy, people just don't care enough or don't have the time to vote. Making informed and good decisions is costly.

It is, education is probably one of the only things that could change this.
And I'm not talking about just teaching people that governance is a thing andnthe dhf exists but really drilling in the whole concept of having tangible power and influence.

Our toughest job on hive is changing society itself to believe it has the power to change and influence things and making people want to engage to influence things.