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RE: Magi Network DHF Proposal 2026

in #hive2 days ago

why so negative? Imagine they where inside trades because it already took off? We dont have such problems! LMAO

IMO the protocol ( Hive) should own a share off pools ( like the HBD proposal) with a multisig wallet. Hive/HBD and Hive / other stablecoin + Hive/BTC ( or other). This way there is a possibility of people use it.

OFC keys handled by people like Blocktrades and co to make it trustworthy ( multisig).

Under 1M in pools is like a app for ants ( and even 1m is for ants).

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We are throwing crazy amounts of money out the window while the price of Hive craters. Most of it is costing us 10x the value we are getting. We are paying $100k so people to curate ffs.

I mean funding a private app on top of the chain makes IMO not much sense too. Thats why i think if support it would be smarter to fill pools to make it useful. I dont see a reason why someone should build on magi now. So yeah and if you might see, it was 50% a joke haha