I like reducing the Hive supply, but I think there might be a better way to do it.

When Hive is burned, it reduces the circulating supply of Hive, that is the point of burning it. This should in theory help raise the price based on supply and demand.

In crypto though, your market cap matters. When this stake was burned, it also reduced the market cap by 5655 x $0.4 = $2262.

I think instead of burning it, it should be transferred to an account that no one has the keys to. This essentially does the same thing as burning it because the effective supply is reduced, but since it is still technically in circulation our market cap does not take a hit.

As a security measure, transfers out of this community account should be turned off just in case someone was able to hack it.

Thoughts?