This is a trend that happens a lot with bounty campaigns this days for blockchain projects, the truth is if a project doesn't meet its hardcap it is almost impossible to pay out the entirety of the bounty budget.
I think a change of approach should be adopted, projects should have a bounty budget that they will be capable of paying as long as the soft cap is reached.
This may mean a smaller budget but it also ensures hunters don't just join out of greed and spam repeatedly.
At the end everyone is happy
This is somehow good and somehow unacceptable in some points. I think decreasing the budget for bounty campaign will lessen the number of bounty hunters that will join the campaign. If there are less hunters, the project will not be advertise effectively. On the other hand, the good side is that, they will pay the bounty hunters surely.