I think you are wrong on that. There is only a set amount of HIVE generated each day. A portion of this goes to witness, another portion goes towards content/curation and the last portion goes towards APR for staking HIVE. I don't know if a portion of this gets paid to the DAO but it may be possible.

So the pie of HIVE that we get distributed is a fixed amount and I believe this comes from the inflation on HIVE. So in a way, the total amount of HIVE distributed is fixed. People's votes are in terms of HIVE so when the price of HIVE goes up, it just means more HBD is printed and people don't really get more HIVE as a result. On the side note, more people tend to be active during high prices so we have compete with more people and thus get a smaller amount.

So I think your wrong when we consider things in terms of HIVE. If your thinking of things in terms of USD then that is just the result of HIVE going up in price and printing more HBD in return.

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