I don't think you got the whole story.
The fund which they announced with all intent is just using existing inflation to get the HBD and sell it on the market to help bring the peg back in place and return back to the ecosystem.
Due to the unpeg price they actually run a profit to the ecosystem(like 20-30%)
Never hide their goal for the money raised.
At first the DAO fund was being used but the fund used all the remaining funds for the week up. And then the bull run is so large that it not enough to return the peg but a profit is being made and returning to fund the DAO.
Thus using post rewards was the other option so a backstop.
The next HF aims to fix this by adding a two-way peg like Haven: $1 in hive would make 1 HBD.
Currently 1 HBD allows to be redeemed for $1 in Hive but not the other way around.
So when HBD goes over $1 there is no system in place for traders to use the market force to arbiatge HBD. Qith the new HF If HBD is over $1. Then you can use $1 in Hive to make 1 HBD and sell it that 1 HBD and get the thin profit(or in this case mega profit).
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