There are multiple issues with our current DHF setup, which are rarely mentioned, which doesn't make them nonexistent... So, your post is a nice starting point for a broader discussion, and a wake-up call for Hive stakeholders, as they are those who are carrying the weight of all this... Every vote (witness or DHF proposal) has its weight, and it makes the VOTER RESPONSIBLE for it! The responsibility is taken very lightly, and unfortunately, people are not looking too much in the long term when they make decisions...

Some of the other issues that come to my mind randomly are...

• If I want to launch a HIVE frontend, how can I compete with some other frontends that are funded by DHF? In a way, it kills the possibility of having a competition (it's a monopoly), which again means that maybe some better devs are discouraged from even trying to build on HIVE... Btw. frontends are just an example...

• With the current setup, DHF-funded proposals have no incentives at all to see HIVE flourishing except for the possibility to be funded over and over again... So, in that way, your proposal of capping the fund with the HIVE marketcap makes a lot of sense... "If you want to get more funds, work for it!" At this moment, in a way, people work for HBD, and not for HIVE...

• Building a self-sustainable project is the only way the DHF would have any meaning... What you proposed to give 10% back to DHF is a nice start, but it should be 110% back, if a proposal gets funded...

• Maintenance expenses can't be equal to the project development expenses... The project has to have a business plan and define the "final product"... Everything after that should be considered maintenance, except for some crucial updates and upgrades of the product, which should have a separate proposal...

There are plenty of good ideas out in the community... As I said, this is a nice discussion-starting post, and thanks for taking the time to write it down!

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