Burning permanently destroys tokens from the issuer wallet. When called, tokens are automatically removed from circulation and the network state.
Burn
Burning is irreversible. Burned tokens are gone forever.
When to Burn
Common use cases:
- Stablecoin redemption: user redeems tokens for fiat, you burn the equivalent
- Deflationary mechanics: periodic burns to reduce supply
- Token buyback: repurchase tokens from the market and burn them
Verify the Burn
Proof-of-Burn Address
Anyone can also burn tokens by sending them to the network’s proof-of-burn address:
Tokens sent to this address are permanently removed from circulation and cannot be recovered.