Burn mechanisms

What is a token burn?

Token burning is the process of permanently removing tokens from circulation to reduce supply. This is done by sending tokens to an unrecoverable wallet (burn address), ensuring they can never be accessed or spent again.

What is a burn wallet?

A burn wallet (or burn address) is a special crypto wallet address where tokens are sent permanently to remove them from circulation. Once tokens are sent to a burn address, they cannot be recovered because no one has the private keys to access them.

Deflationary mechanisms enable unique economic incentives. For example:

• Transaction-based burns reduce supply with each transaction • Burn incentives that reward early adopters and reduce circulating supply benefitting all holders • Community burns that incentivize buying and burning for additional benefits