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RE: HIVE Inflation | Is it too high? | Part 1

in LeoFinance4 years ago

Cutting of the development fund inflation (not just relocating it) will reduce the HIVE inflation for 10%. From the 8% average projected for the next 5 years to 7.2%. Not much, but it is something.

I wrote about this on therealwolf's post.
I think once reallocating that 63million hive (burn or return the other ~18 million taken from accounts that weren't steemit as it was never promised for development) is decided, the dao should get 0% and inflation should be reduced. Iy can be increased or captured from sonething like author rewards later.

Also of that 63million, at least half should be burned, too.

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Yep, basically at the moment there is dev funds for 20+ years.

It depends who you talk to. I guess we need to see a road map after SMT to really decide how much we need. We should really be looking for value instead of agreeing to pay people what they ask.

There have already been a few proposals that probably won't look good in hindsight. Wait you guys all decided to fund what? For how much? And you want me to invest?

There are some people making a lot of money off Hive just the way it is. Sure they could make a lot more if it went to 5$ a token again, but there may be more competition. It makes me wonder if some people aren't really in all that much of a rush.