HiveDevs

Lowering our Proposal ... for the benefit of Hive

Lowering Our DHF Proposal

Over the last several years, the Hive ecosystem has helped us build and maintain Peak Open Projects. We are grateful for that support and for the community that makes this all possible.

Yesterday afternoon we lowered voluntarily our DHF proposal to 490 HBD/day from 630 (almost 25% slash)

This decision was not made lightly. The proposal will now not cover the entirety of our team expenses for the Peak Open Projects team, and we are letting go of someone we care about. We will absorb the gap and move forward.

We believe this is healthy for Hive long-term because the whole ecosystem is being forced to make hard choices in the current economic climate. We want Hive to exist for decades, and for all of us to build amazing tools that could one day bring millions of people. That future doesn’t happen by accident, it comes from discipline, focus, and building in a way that can sustain itself.

Not Slowing Down

We’re also planning to release more than we ever have—updates to older projects, new open-source releases, and faster iteration overall. There are now many tools and workflows available to developers that make this possible, and we intend to prove it with results.

As a reader, you should also understand that major shifts are happening in how software gets built. You should demand more than ever from development teams. The expectation now should be clear: we can do much more with even less.

We would like to hear what other projects are doing as well. What tools and practices are you using to become leaner and more fiscally responsible? Our reduction, and even our proposal at large, is a drop in the bucket if the rest of the ecosystem does not also make changes. This only has real impact if it becomes a broader shift.

But we’re optimistic. We believe Hive can absolutely rise to this moment. We believe we can do more with less. We believe we can build faster, ship better, and keep pushing this ecosystem forward. We’re in.

— The Peak Open team https://peakd.com/me/proposals/peakd

Comments · 13

@davedickeyyall(79)· 6d
$450 seems kinda high when HIVE is 4 cents
@hivebuzz(74)· 181d
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@ankapolo(67)· 183d
This is what leading by example looks like. 🙌
@mynewlife(73)· 184d
For clarity, the reduction is 22.2%, not almost 25%. I prefer we stick to exact numbers.

Given how much AI tooling has improved productivity in the past year, it’s reasonable that operational costs adjust accordingly.

I hope other projects will follow this tendency.
@offgridlife(74)· 184d
This is good News. We need more people to do the same. This is a very good example for others.
@igormuba(72)· 185d
All Hive projects need funding BEYOND investors buying HIVE. Both HBD and HIVE financing is, at the bottom line, financed by demand from people buying HIVE on the exchanges. Please, figure out a financing method that is not a chair dance. I believe in PeakD, you guys have built great things, I was proudly part of the open projects for a while, but we need to move beyond speculation and into ROI. How can PeakD finance itself beyond the DHF, so that Hive itself doesn't depend on people buying HIVE on exchanges?
@antisocialist(75)· 185d
Can we get default rewards set to power up? And, bitchute embeds? https://www.bitchute.com/video/0OCokU1KouWh/
@mtg.deckpro(45)· 185d
Great transparency, appreciate the clear update on the adjusted DHF allocation.
@ylich(77)· 185d
Well done! You get my support!
@jza(68)· 185d
Is there a path for profitability or would you parasite Hive forever?
@buttcoins(75)· 185d
This says alot about the ethos of Peakd ✊
@davideownzall(74)· 185d
Best of luck to who is leaving the team, bad times require sad decisions
@holoz0r(78)· 185d
I hope that other projects using DHF funding also see this. For too long, too many projects have treated the DHF as a golden goose, a guarantee, rather than genuine community support.

PeakD (and the old work you lot did on another chain) is the reason so many authors continue to publish onto the chain.

You make the best tools for the best writers, and that is something that I can support.

Letting go of team members is also something that is never easy, but we will no doubt see more of that across the workforce as technology progresses and occupations use that tech more effectively.

Thanks for everything you've done, and what you continue to do.