How would you do that? The DHF was reproduced because the Founder's stake Ned sold to Sun was said to have been dedicated to development and improvement of the platform and code. Going on what I've been told, there's something like $20M in the DHF. If there's 3k actual human beings on Hive presently there's ~$6500 per user in the DHF. Clearly the actual equity in the DHF is proportional to the stake each user holds - and may actually be proportional to each account, including the hundreds of thousands of bots and socks that have been created on Hive.
Anyway, who wants to just burn $20M? It seems obvious that VP and other proposals don't. They want to extract it, which is what they're doing. So, defunding the DHF requires considerable thought.
How would you do that? The DHF was reproduced because the Founder's stake Ned sold to Sun was said to have been dedicated to development and improvement of the platform and code. Going on what I've been told, there's something like $20M in the DHF. If there's 3k actual human beings on Hive presently there's ~$6500 per user in the DHF. Clearly the actual equity in the DHF is proportional to the stake each user holds - and may actually be proportional to each account, including the hundreds of thousands of bots and socks that have been created on Hive.
Anyway, who wants to just burn $20M? It seems obvious that VP and other proposals don't. They want to extract it, which is what they're doing. So, defunding the DHF requires considerable thought.
I would burn those tokens and any new source in the future.
I'll uncritically take your word for it, but it's hard to believe you'd burn $20M.
BTW many chains have done this on the past including EOS and Ethereum.
https://beaconcha.in/burn
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