I just got a message about it on discord, that it finally happened.
It's a very good news!!! It would had to happen long time before.
Just in the last year, valueplan alone sold 10m+ HIVE. The amount of HIVE on exchanges is very alarming. It's already in a downside spiral, and will be hard to get out of it, but this is the first step to do that.
Of course, now people have to understand, it won't solve anything to pull their return prop vote!!! Keep it! And vote for the very few projects what are actually necessary, or adding value to Hive for the money they got from DHF. (not maintaining already existing apps, front-ends)
Even like this, only 40% of active HIVE POWER is necessary for proposal acceptance!!! (and around 30% of total HP) Anyway, the proper version would be: take 1st of each month the previous month's active HP and divide it by 2, so 50% of total (active) HP would be necessary for proposal acceptance.
The previous version was ridiculous, even the crapiest European govs can't govern with 15% of support...
Not to mention, not serious private individual would ever spend money for HIVE, in case he knows about DHF 'system'. And obviously, not any investor, they max laugh a good one, when they see this 'decentalized system' in practice.
Thankfully, the money for nothing time is over!!! Hopefully, from this point on, the funded projects have to deliver what they promised, something what is adding minimum the same value to HIVE, what they receive from DHF:
I highly recommend to everybody, read through the last 1-2 months of stats, what @dalz made about HIVE!!!
What is the Share of the Hive Power That is Actively Voting/Curating? | Dec 2024
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