When SPS first cam to be, I was calling it one of the greatest things to happen to STEEM blockchain. My main argument was what this type of funding has accomplished with blockchains like Dash, PIVX and even Bitshares. I find the current state of DHF to be disappointing. Take a quick look at what is available to fund the blockchain:
A quick calculation shows that the current proposal system is only spending 2,435 HBD per day. That is roughly $888,775 USD which is tiny. Even at the currently low HIVE prices, we have over 5,000 HBD per day available in funding.
How much of the available funding should we be utilizing? Currently we are at a 46% of the daily fund. @openseed created by the ex-steemit developers has gone mostly inactive and @dapplr is not getting any funding either. These should be priority supports for the HIVE community.
All we get from not utilizing 100% of the daily fund is having more money to fund projects on a later date. The question is how much of the fund should we be using to fund what is available for funding now vs having the chance to throw more money at some future project that may or may not appear on DHF.
If you are not actively voting for proposals, please go to https://hivedao.com | https://peakd.com/me/proposals | https://wallet.hive.blog/proposals or any other interface and pick few projects that are below the "Return Proposal"
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Utilize 50% Of DHF (Keep Things At The Current Rate)
33.33% Complete (success)
Utilize 100% Of DHF
Utilize 75% Of DHF
Utilize 25% Of DHF ( We Are Already Spending Too Much)
16.67% Complete (success)