None of the HBD on the Hive fund account wallet is staked. π€ 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. π€
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!LUV
OK, so how is it replenished? And what happens if and when it runs out? π π π β¨ π€
!DIY
!HOPE
!INDEED
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). π€
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. π€―π
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!INDEED
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. π π π β¨ π€
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!INDEED
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. π€ The same goes with earnings from Hive Power (or staked HIVE) and payment for Hive Witnesses. π
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). π€ The rest won't get funding for a "round" (an hour) even if their respective supports are above the RP. π
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!LUV
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? π π π β¨ π€
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!LUV
I think that the Hive fund can get "depleted" (almost run out of funds) but not totally zeroed, because it has multiple sources of funds, HIVE token inflation being normally the first. π€π€―π€―π
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!LUV
OK, that's good to know. I still haven't looked into exactly how the DHF actually works. πππβ¨π€
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!LUV
Every time the HIVE token inflates, 10% of it automatically goes to the DHF (Decentralized Hive Fund) which is held by the hive.fund Hive account. π€π In theory, the fund can reach more than a billion HBD and can be as low as zero. πΈπ€―π€―π The 90% of inflation goes to authors, curators, Hive Power holders, and Hive Witnesses as explained on my 2-year-old comment. π€π
!INDEED !WEIRD !HOPE !HUG
It's inefficient to perform testing on the Decentralized Hive Fund by making a test proposal there, as creating a proposal costs $10 and costs $1 per day while active (neither upcoming nor expired). π€π€― It will also attract the scrutiny of people with high amounts of Hive Power. π€―π€
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You can query your personal balance by !DIYSTATS
Don't be shy - share some DIY!
You can query your personal balance by !DIYSTATS
Don't be shy - share some DIY!
You can query your personal balance by !DIYSTATS
Don't be shy - share some DIY!
You can query your personal balance by !DIYSTATS
Don't be shy - share some DIY!
You can query your personal balance by !DIYSTATS
Don't be shy - share some DIY!
You can query your personal balance by !DIYSTATS
Don't be shy - share some DIY!
You can query your personal balance by !DIYSTATS
Don't be shy - share some DIY!
You can query your personal balance by !DIYSTATS