A One time burn is only achievable with a hard fork. The HIVE DAO has 4450 HBD per day of funding and the STEEM DAO has 2808 SBD of funding, the difference is 1642. The idea has evolved to burn half of

What if we add our steemit.com/@crypticat link to our peaked 😏

Stellar didn't fork and sieze tokens in the same way Hive did. Maybe they would have fallen more if they didn't burn the tokens.

The Steemworld Developer had less than 5000 Steem in his wallet and may be the only person who has general support. We don't need 400,000 hbd and growing to airdrop him. I never said burning toke s is

The Dao is over-funded, continuing to over fund it will lead to projects with decreasing marginal utility. I'm gonna draw up some graphs to show this. Prudent care of a smaller pool will lead to more efficient

If Hive is not a store of value, why is value being stored in the Dao?

Seriously? Dao funds are used for what people vote for, primarily development that benefits the entire community. Charity is not charity if it enforced, even via democracy. The proposals don't benefit

The Dao has over 400,000HBD and that number is growing daily. It could be a future liability for any investor. I'm arguing to to slow down the growth of the reserve fund not to eliminate it.

Unspent funds form a cushion for future funding, it is adequately large enough.

There is 400k HBD in the Dao and that is growing by Over 2.5k per day of unspent funds. Why do we need such a large cushion? My idea is to slow the growth rate of these reserves until it is necessary to

Why does hive Dao need additional funding from repurposed funds? Especially the 500 or so HBD taken from people who supported witnesses? Games don't have to be for profits. Funds in the Dao have not yet

I agree that people working not for profit for the good of everyone or most here deserve funding, that's why I'm not proposing for the elimination of the Dao. Good Devs cost money. That's why the Apple

I looked at some of the actors in the airdrop, changing your witnesses to sock puppets during a controversial time was not a mistake, it takes considerable effort. While some bloggers do cashout, they

Thanks for what you did Donald, I appreciate everything and wish you luck. Jamaica is going to suffer immensely because of a drop in tourism, don't assume everything will go back to normal. You need to

Yes, let's do a slow and controlled BURN of the DAO inflation!

Burning is a way of controlling excess supply, while 10% of funds going to the Dao provided a valuable buffer in the past in case there was a sudden spark in creativity. 20% is excessive.

We will slowly be burning unspent funds meant for development that isn't happening as only 25% are being used. This isn't a rapid burn, it's a slow controlled burn to prevent a forest fire.

I'm not sure when that hard fork is going to happen and many of us wish/are surprised HIVE kept it for the community. While seizing funds for everyone sounds rather altruistic, it does give Justin Sun

That would require a hard fork, who is going to program it? Burning a certain % of the DAO is the easiest way to do this as the "programming" costs 10 HBD. I agree with you regarding the inflation,

Who is your opinion was unfairly cut from the airdrop? After looking at the list, it doesn't seem like we are talking about a lot of HIVE, most people had less than 50k in their wallet. To create cash