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. 😁 🙏 💚 ✨ 🤙
!DIY
!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. 🤓 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. 😏
!DIY
!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? 😁 🙏 💚 ✨ 🤙
!DIY
!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. 🤔🤯🤯😅
!DIY
!LUV
OK, that's good to know. I still haven't looked into exactly how the DHF actually works. 😁🙏💚✨🤙
!DIY
!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. 🤔😎 In theory, the fund can reach more than a billion HBD and can be as low as zero. 💸🤯🤯😅 The 90% of inflation goes to authors, curators, Hive Power holders, and Hive Witnesses as explained on my 2-year-old comment. 🤓😏
!INDEED !WEIRD !HOPE !HUG
I think that I do remember reading that somewhere a while ago, but I thank you for the reminder education. 😁🙏💚✨🤙
!HOPE
!HUG
!INDEED
!WEIRD
Something tells me that the "reminder education" term on your comment is so unusual !INDEED. 🤔🤯🤯😅
!LOLZ
Why? You could call it a refresher education if you'd like too. 😁🙏💚✨🤙
!INDEED
!LOLZ
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). 🤔🤯 It will also attract the scrutiny of people with high amounts of Hive Power. 🤯🤓
!DIY
!LUV
Yeah, I don't see testing like that going over well on the DHF at all. It would certainly attract attention of those with some clout, that's for sure. 😁 🙏 💚 ✨ 🤙
!DIY
!LUV
Since making a test Hive proposal requires payment of more than 10 HBD, I doubt that it will be intentionally used for cluttering the proposals feed. 🤔🤯
There should also be an option for Hive frontend users to simply hide a given proposal (or all proposals from a Hive account) if they don't like it. 🤔🧘♂️🤓
!DIY
!LUV
!WINEX
That's a lot. Given how much the initial cost is, and how much it costs each day to keep the proposal up, I can't imagine that I'll be creating a proposal any time soon.
Yes, filtering by account should be possible, too, of course. I've definitely been realizing that some people really don't like how the HBD for various funded proposals is being spent, so that option would be useful I think. 😁 🙏 💚 ✨ 🤙
!BBH
!DIY
!LUV
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
Don't be shy - share some DIY!
You can query your personal balance by !DIYSTATS
