With a 5bn coin supply a certain percentage was set aside for dev/delegate pay. My thinking is that this means delegates that set their fee to 1% need to be actively adding value over and above just producing blocks as they deplete this fund.
Am I wrong in this understanding? We either have a lot of people setting 1% because they can or we have a lot of people willing to expend some elbow grease to make DNS a success. Probably a mixture of both.