I appreciate this discussion, but I disagree on the 50% burning idea.

Does HIVE really need $4434 in development funds per day?

In my opinion, yes.
Let me explain why:

1) It's true that not all of the dao's current wallet is being utilizing, however let's not forget that we are literally less than 2 days old. It's going to take time to have proposals come flooding in, and we need to be prepared.

2) Having a "warchest" ready for when we ( hopefully ) start onboarding lots of new people is very important to have. We can use these funds for marketing, development, game support, and so much more.

3) Don't forget that Hive has promised to allow users to make proposals stating why they believe them being placed on the "blacklist" was wrong, and they could potentially receive their airdrop supply back. We need to take that into account.

Rather than burn some of these funds, I'd be more in favor of something I've been hoping to discuss: A Hive-Hackathon To Help Kickstart Our Dapp Ecosystem.

I'm planing to write-up a proper post discussing this more in depth, but I feel like waiting until things have settled a bit more here. Basically, we should be using these funds to pump up our development resources, encourage outside developers to build on our platform, and market our strengths to the rest of the crypto community.

Having these tokens get fairly & evenly spread amongst builders does far more benefit to us as a whole rather than simply "burning because boo inflation".