I appreciate this start to what I hope reins in what I have been forced to conclude was little more than strip mining the DHF by reigning stakeholders whose control of governance enables them to do so without even negligible oversight and yet less functional opposition to even the most deranged rally car spend.
Public explication of voting principles is utterly without merit, IMHO. Just like the perennial justification of DV's being that folks are free to vote their stake as they see fit, no mechanism exists to restrict or direct anyone's votes on DHF proposals. I can see how that might be useful as propaganda that could gain whales supporters if they can come up with the right back story, but it's without utility in deploying DHF funding to develop Hive, or hold Valueplan to account. It's PR, and nothing else.
"Management & accountability plan before funding
"Progress updates per milestone
"Public post-completion report"
What a bunch of amateur crap!
That isn't even GAAP (generally accepted accounting procedures), which is the bog standard of every commercial venture, and should be the starting point of any professional enterprise. There have been credible allegations of fraud, detailed mechanisms for kickbacks even on chain, and when confronted regarding providing receipts that could disprove frauds occurred both GP and LB flatly refused. LB practically had a stroke, screeching dire imprecations and ad hominems like getting caught with his hand in the cookie jar was contrary to the laws of physics. That's all on chain BTW.
Absent competent and thorough accounting, ya'll are all but begging law enforcement to crawl up Hive's ass with a microscope.
"Goal: professional, KPI driven transparency without bureaucracy."
Every mom and pop shop on the corner uses double entry bookkeeping. Every bank demands business plans using it before lending a dime. NO PROFESSIONAL commercial entity in the world doesn't use it. Until every DHF proposal is held to that Kindergarten standard, none will be beyond the standards of a lemonade stand run by little kids. A bookkeeper is not an expensive position. Valueplan is blowing $M's on losing rally races while funding half of Venezuela's economy, and a part time bookkeeper is less money than ONE RACE it's spending for. A couple bookkeepers could easily account for every spend the DHF makes, and produce professional reports that make fraud and kickbacks impossible - or at least require clever thieves.
As to spending the DHF, the mission for which it was dedicated was clear: develop and grow Hive, and not much of the $M's from the DHF has been spent on anything even approaching achieving that mission. It is the library of content on Hive and our creators that are our marketing department, and instead of providing incentive to market Hive to them, the ruling junta of stakeholders has conversely strongly suppressed the creation of a library of content here and continues to drive creators from the platform to cement whales' continuous possession of a bare majority of stake. That's how Sun Yuchen rules Steem at his sole option, and it's the same thing here, just by committee.
I continue to demand a commitment to using GAAP for any DHF proposal that gets my vote, and recommend everyone does the same: vote only the Return Proposal until and unless DHF proposals commit to and use simple double entry bookkeeping to ensure fraud, and kickbacks to voters for proposals, aren't the real reason behind worthless schemes that produce zero growth or benefit to the platform.
Growing Hive is simple: reward creators for content they accumulate on Hive to attract people that want to view content (FFS make that content searchable! Maybe even fund a token to make that content evergreen on the second layer so people promote it). Make each individual operation in Valueplan submit it's own proposal. Lumping them together is contrary to the purpose of the proposal system. Quit flagging and fulfill Hive's promise to be censorship resistant. Zeroing out rewards is censorship just as much as double tapping to the back of the head. That's why Canada froze the accounts of the Freedom Convoy, and why that ended the protest. Quit hoarding a majority of the stake to prevent actual community governance. Concentration of stake is how Sun Yuchen gained sole possession of Steem, or did you forget?
Spend the DHF on development (fix Hive.blog BTW. If we include any non-YouTube videos the whole post is blank on Hive.blog. Maybe ask Peakd how they got it to work?). Support programs like the Stewards of Gondor that was tested some years ago, where modest delegations - not even spending stake at all - were provided a few dozen organic curators that upvoted content they liked. A weasel or two were discovered circle jerking and upvoting their bots, and their delegations were withdrawn quickly and without loss of more than a couple soda pops' worth of upvotes. The vast majority of the Stewards did exactly what was intended, and had salutary effect on creators and content. Maybe defund HW and fund Stewards of Gondor with that money (although that would be >10x what was merely delegated to the Stewards). That will grow Hive. That prospect is why more than 1M users onboarded Steem - and then were driven off the platform when demonetized by HW's. The failure of that content library to accumulate and those creators to be rewarded is why there's only about 5k organic Hive users today. Fix that (before Blurt! surpasses us on Coinmarketcap).
Wanna get fancy and enable true community growth of Hive? Have a return proposal for each DHF ask. That way if someone wants $20 to feed a stray cat with the Hive logo growing on it's side, they don't need ~$50M in votes to get over the Return Proposal and make it happen. Also, diminish stake weight per successful proposal supported. Folks that don't vote for every stray cat proposal will conserve the weight of their votes for substantial proposals worthy of support, and folks that vote for every stray cat or rally car will burn off their votes and leave consideration of substantial proposals to serious people. Also, it's just fiscally responsible. There's only so much DHF, and Hive users should only vote their actual stake in that DHF, not be allowed to vote their stake repeatedly on proposals without consequence to their VP.
I'll just hold my breath awaiting such fiscal prudence and principled promotion of the fundamental proposition Hive offers the global social media market (which grew to become the largest sector in global financial markets in ten years - while Hive has lost market share every year). J/K. I'm not suicidal.
RE: HiveForum KL Roundtable (Sun 19 OCT 2025): Improving DAO Spending, Accountability & ValuePlan Transparency