In comparing steem and hive, it looks like they have the same number of circulating tokens. This makes sense since the ninja-mined stake was moved to the dao.

Question: If we burn this stake as some people suggest, are we shooting ourselves in the foot? I assume, market cap is token price times circulating supply. We would be reducing our supply and since this is not available on the market anyway, it would have no impact on price/demand so our market cap would basically drop by 25%. Am I thinking about that correctly?