Some people on Hive (particularly those whose Hive accounts have lots of Hive Power) say that to have more Hive proposals funded, they should remove their votes on the "Return Proposal" (RP) where all proposals whose votes are under the RP votes won't get funded. 🤔 That will drain the Decentralized Hive Fund (DHF) faster though. 🤯🤓
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Yes, that's true. I've never voted on the Return Proposal, as I do want more to be funded. Is most of the HBD in the DHF staked, so that it's compounding interest? Yes, true, it would drain the DHF faster, if it were not replenished faster. 😁 🙏 💚 ✨ 🤙
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None of the HBD on the Hive fund account wallet is staked. 🤔 I don't think any HBD on that wallet should be staked, as its sole purpose is to hold the HBD funds that they get distributed to all Hive proposals whose votes are above the Return Proposal. 🤓
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OK, so how is it replenished? And what happens if and when it runs out? 😁 🙏 💚 ✨ 🤙
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The Hive fund is replenished both through inflation of the HIVE token (where it takes almost all of its funding) and through people on Hive who voluntarily add to the fund (by setting hive.fund as the beneficiary of their posts and comments, by curating content whose author rewards go to hive.fund, and/or by sending HIVE or HBD directly to hive.fund). 🤓
I haven't read thoroughly what happens when the funds run out, though it is safe to assume that some or all Hive proposals won't get funding for at least one time when the funds become depleted. 🤯😅
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That's very useful information, thanks a lot! It is good to know that the DHF is being replenished over time, and from multiple sources.
Yep, if the DHF runs out of assets, all project funding would also stop. That would be very unfortunate indeed. 😁 🙏 💚 ✨ 🤙
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All the author rewards and curator rewards that are paid out 7 days after a post or comment got published also come from HIVE token inflation. 🤓 The same goes with earnings from Hive Power (or staked HIVE) and payment for Hive Witnesses. 😏
I think that when the Hive Fund runs out of funds, only those most voted on will get funding as long as their "support" (total votes from all Hive accounts) are above the Return Proposal (RP). 🤓 The rest won't get funding for a "round" (an hour) even if their respective supports are above the RP. 😏
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Yep, Hiveflation is definitely a significant thing! I'm not usually into inflation, but I dig this sort, as it powers so much of the Blockchain.
How would they be funded then if the DHF runs out of funds? If there are no funds to distribute, how would even the most-voted proposals be funded? 😁 🙏 💚 ✨ 🤙
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You can query your personal balance by
!DIYSTATSYou can query your personal balance by
!DIYSTATS(16/100)
@savvytester! @tydynrain Totally agrees with your content! so I just sent 1 IDD to your account on behalf of @tydynrain.
You can query your personal balance by
!DIYSTATS(5/25)
@tydynrain! @savvytester Totally agrees with your content! so I just sent 1 IDD to your account on behalf of @savvytester.
You can query your personal balance by
!DIYSTATS(16/100)
@savvytester! @tydynrain Wants to spread Hope! so I just sent 1 HOP to your account on behalf of @tydynrain.
Since we think the world can use more Hope, you can now already start spreading Hope yourself!
You can query your personal balance by
!DIYSTATS@savvytester, @tydynrain(2/10) sent you LUV. | tools | discord | community | HiveWiki | <>< daily
You can query your personal balance by
!DIYSTATSYou can query your personal balance by
!DIYSTATS