LeoGlossary: Decentralized Hive Fund (Hive)
5 mo (edited)
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Also known as the DHF.
An on-chain decentralized autonomous organization (DAO) that allows users to submit proposals for funding and use stake weighted voting to select which proposals should be funded.
Each member of the community gets to vote based upon the stake in Hive Power that is held. This is equal to all other governance votes in terms of overall impact. As one sees the amount of Hive Power grow in relation to the total amount staked, the influence on-chain grows.
The DHF was the forking out of the original ninja-mined stake. It is now held in both Hive Backed Dollars (HBD) and $HIVE. Proposals that are funded receive payment on an hourly basis.
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