RE: RE: Some information about the Hive(previously steem) proposal system/sps/steem.dao/hive development fund/hdf
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RE: Some information about the Hive(previously steem) proposal system/sps/steem.dao/hive development fund/hdf

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Ah thanks, I should have adressed that in my main post. This stake is not really "steemit inc stake" it was stake that was mined specifically for the purpose of developing steem. The idea was to give a bankroll to steemit inc so they can do stuff. It was a smart idea to raise funds while doging some regulations.

So now that steemit inc is out of the picture, what do we do with those funds that were earmarked for the development of the chain ? The place that's the closest to the original idea for that stake is definitely the sps, which was designed for decentralized development of the chain.

There were ideas of just burning it with the hard fork, but we felt that it would have been a waste.