The project of whive is somewhat in hibernation. The community is focused on wLeo, but it does not mean we should abandon the project. This incentive is aimed to convince others to keep their funds to see whether the project is going to be revived.
The aim of wHive (as far as I know) is to create a bridge between DeFi and Hive. DeFi is the thing right now and it's going to develop.
I see, thanks!