Their DAO has been paying out huge sums of money on a daily basis - which appears to be big whales “milking the system”.

What an interesting observation. This can really be one of the reasons why the price of HIVE grows slower.

These projects are increasing their selling pressure for the dApps which these charts show aren’t providing the benefit that they’re costing.

This is a great danger. The lack of regulation of justified allocation of funds is very similar to corruption, which causes poor countries in poverty. Hive really has more Dspps, but I have never deepened whether these DApps are something interesting and useful.