Don't you guys already collect revenue via the deposit and withdrawal fees? Why is the community paying for something that you will benefit from monetarily? Also, $100k? What happened to building a stake on here and then working to build things that create value for that stake? If what you create adds value it will more than pay for itself with the increased in coin price and market cap. This is currently akin to a startup project and all these large fundings/expenditures are what is killing the price of the coin.
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cuz they're greedy and everyone is trying to milk the proposal system weakness and accountability while they can. And, because @aggroed is popular, why not try and make a free 100k HBD? Let's be honest
I know that cost might be inflated too much, but issue is where is the "counter bid proposal"?
My trust on DAO funding is broken when $30K (may be $36K) is pocketed by someone in name of exchange listings.
True that.
My understanding is that this proposal would fund development of the open source backend. But it would be good to confirm where the "BTC market" feature would be implemented.
If this is the case, then the funding does help them if it allows their proprietary frontend and deposit services to collect more fees. But it would allow others to also provide these services, which will happen if the market is big enough as long as the critical infrastructure is openly licensed and reusable.
I am persuaded by the argument that more use of the DEX is good for the Hive price since users will hold Hive to participate in the markets.
@aggroed any thoughts?