1.6 million SCRAP token burned

 I am pleased to inform you that first batch of 1.6 million of SCRAP tokens was sent to @null thus irreversibly burnt. This time I decided that I will burn this week's powered down Hive instead of swapping half of it in putting into the liquidity pool. I haven't decided what to do next week though, so feel free to suggest anything. Recently, I came to conclusion that because of Scrap token's design - the max supply shows that this project has little chance to dramatically change the tokenomics despite controlling over 7% of circulating supply with another 7% in swap.hive. Looking only at the numbers of SCRAP token I think there is something wrong with its economic design - ok it's being burnt (over 83% of tokens issued are already gone), but there is no demand to suck it out of the market. I guess web3 game developers need to consider this mechanism as essential.  

So what's the shutdown plan?

I guess it's an end so I suggest the following: 1. Undelegate all HP 2. Ustake Total 'HP - 10 HP' 3. Convert Hive into swap.hive 4. Swap Hive for scrap 5. Burn scrap (I was wondering if transferring the funds to my player account would be a transgression), for now - even though it's tempting, I will simply burn it all aby sending it to @null [You can read about the rules of the project here](https://peakd.com/hive-167922/@jocieprosza/lets-flip-the-trend-terrasinkhole-project-announcement)

How did we do?

| statistic | value | change since last report | |--|--|--| | HP |125.081   | −184.591 | | Delegations | 1533 |−502 | | Hive account value | $53.83  |−$31.69 | |Scrap burned  |1643466.52861147 | +1643466.52861147 | | Scrap in LP |6967760.91638241 |**+4788760.15822396**  | |Hive in LP  | 77.54 |+58.64 |   by @jocieprosza