Please under any circumstance DO NOT REMOVE PvP it’s what keeps games going way past their life span, Mostly due to the fact that humans are unpredictable while something like a raid becomes repetitive after a while. Overall the better solution to this issue is to SEPARATE PVP AND PVE SANDBOXES so that you can individuality tune weapons, say an exotic that has two perks, one of which only procs in PvE and one that only procs in PvP, that would allow you to go crazy on some exotics in PvP while retaining balance in PvP
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Maybe Bungie can do what Warframe does, keep it in the game and dont use it for anything and no updates. If players want to play it, they can, but they will know Bungie isnt doing anything for it.