Appreciate your valuable input Stoodkev!

1. We think it is likely that with the Haircut looming, many conversions will happen regardless of the HBD APR. but also agree that 6% is low. the idea behind this is that we also dont think that we will go to 6% even at all. but hope that this triggers a move slightly lower so that we are protected from excessive inflation should the price go lower from here. We hope it will even out somewhere around 8-12% range.

2. we are currently in a situation where 4 or so projects are funded for the next 6 months or so and i dont want to calculate the affect of the inflation at these low hive prices that will result from the funding that is already approved, its eye watering. Maybe there is a better way here / compromise on how to do this, but huge proposals that last for a year also cannot continue and have us remain a credible chain. the other thing that can happen here is that proposals can plan 1-2 months ahead and start early lobbying for votes. But am open to other suggestions on how to do this while both minimising risk to Hive due to inflation at low hive prices, while also making it easier to lobby for votes in a timely manner. maybe a DHF review committee could help with this function?

3. i agree that some things should be gotten to the point of shipping that are still WIP and will have a large positive affect on the eco system. We should probably have a go at identifying these things and figuring out what we can afford to ship / low hanging fruit while making a go at not issuing too much more fresh money from the DHF

I dont think we are saying to give up at all. This strategy should be a temporary thing, as we are teetering on hyper inflation, and it is always better to take action that allows things to live to fight another day in my opinion. Also many of the products on hive are great already as they are and far outperform much of what is out there. i think hives products and tools are strong already and can make a huge impact IF marketed in a smart way (which we have not been great at so far).

Sincerely appreciate your input here. Keen to talk more with you and look at ways to build the highest result, lowest cost stuff while doing what we can to limit the inflation