Burn

The removal of a token from circulation, which thereby reduces the supply of the token. Burning is achieved by sending the token to an unowned address or to a contract that is incapable of spending. Burning is an important part of many . For example, burning occurs when someone exits a pool and redeems the underlying assets.
Share this TERM
related

You might also be interested in these

A physical version of your NFT at your home. High quality only.

Print my NFT