Home   News   Features   Interviews   Magazine Archive   Founding Partners  
Subscribe
Securites Lending Times logo
Where Digital Finance

Meets Traditional Markets
≔ Menu
  1. Home
  2. Glossary
  3. Burn
Glossary
Burn

Permanent removal of tokens from circulation by sending them to an unrecoverable address, effectively reducing total supply. This deflationary mechanism is often used to increase scarcity and potentially boost token value. Ethereum burns ETH through its EIP-1559 fee mechanism