I talked a little bit about a Hive sink idea I had the other week. I wanted to follow up on that and check what the community thinks about potentially adding more things on top of it.
The idea is quite basic and could get interesting down the road. The idea is that an account, in this case 
So the idea is, eventually some of the projects I've been working on would spend part of their "profits" to buy hive back and give back to the ecosystem not just by burning the hive to
- Claim rewards
- Upvote things
- Leave comments and posts
This means that when sending rewards to this account, in our case when/if POSH and its "sister projects" would make a profit, they'd have to make sure to "power up" onto the account. Just sending it liquid Hive won't do much as it can't power it up itself (no active key) but for all other things it should work fine, if delegations land on this account it'll generate hivepower that can just be claimed and same goes for its own hivepower curation rewards.
Beside sending it profits, there's been other times where we as a project with 
The main difference between and other burnposts is that this burn doesn't remove hive from the supply, but I think there's some merit in this as well in other ways. Let's say there's 200m hivepower voting on a constant basis with 400m total hive in existance, if you're just burning hive it just means that there's less hive being printed on a weekly basis, because you're burning some of it off. What it doesn't do anything for, though, is the rewards those 200m staked hivepower holders get, those stay the same as long as that much hive is powered up. This sink would not just ensure that this hivepower can never be obtained/powered down but it will also continually keep taking a % of the daily rewards pool in terms of curation rewards.
As every account, there's plenty of unique stats that can be tracked, so you could always tell how much it has earned in post rewards and curation rewards compared to how much hivepower it has received through powerups from different venues. If people wanted to make sure to keep them separate in an effort to prove how much "profit" was generated from projects like POSH or its side-projects, one could also just create another account that would only be used for those and connect it to this one in some way. Point is I'm not trying to start generating different ways of income for it just so it would "look better" if I later say "the poshsink account has burned and taken x amount of hive from the reward pool since day 1" and try to point towards it all being from profits that have been sent to it and muddying the results.
Just checking to see if people think this would be an accepting way to "burn" rewards similar to how some other projects do it but in a less direct and more longterm way.
The next question would be, what would this account do with its voting power over time? Well, for starters and while it's growing it wouldn't do too much except for maybe trail some accounts, unsure which yet, but there could always be some general ecosystem-wide net positive ways it could be used. The important thing will be to not leak the posting key of this account in one way or another because with the other keys burned, it would be impossible to change the posting key if it has ever landed in the wrong hands. To make sure to keep it safe one could also use a proxy account that this would trail.
Anyway, just a general question about this to feel it out, let me know what you think and if you have any concerns over its longterm effects or don't like it for some other reason or maybe even come up with some other good things about it I didn't manage to.
Thanks for reading!
