They're doing what I mentioned I guess, only investors are getting inflation while "delegation" services get a cut. It's bid botting without the need to send bids. So compared to here where we have working curation and a lot more stake is being spent on authors no matter their stake or investment, there it's just investors getting the rewards.
Also the DHF has a cost, to develop things we need to pay people, they don't have any development hence no payment necessary (or even possible).
I'd take a lower hive price than Steem any day as long as we're working on the endgame and being fair along the way, the rest will take care of itself later. Outsiders may get tricked by the price, though.
RE: Things aren't as they appear