I would have liked that approach since the ninjamined stake counts toward our market cap. A straight burn would have dropped us in the rankings.
I am actually more in favor of moving it to an account with no keys. Essentially a @null account but one where the hive just sits there, can’t be transferred out, and is good for nothing except for artificially counting toward our circulation and therefore market cap.
I think that as long as it exists, it would be a problem. The drop in marketcap would hopefully be temporary once the price increased based on limited supply.
I would have liked that approach since the ninjamined stake counts toward our market cap. A straight burn would have dropped us in the rankings.
I am actually more in favor of moving it to an account with no keys. Essentially a @null account but one where the hive just sits there, can’t be transferred out, and is good for nothing except for artificially counting toward our circulation and therefore market cap.
I think that as long as it exists, it would be a problem. The drop in marketcap would hopefully be temporary once the price increased based on limited supply.
Ah, that would be lovely :0)