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📚 Glossary Term

Спалювання токенів (Token Burn)

Безповоротне знищення певної кількості токенів шляхом їх відправки на недоступну адресу (Burn Address).

BeginnerGeneralCrypto Terminology

Спалювання токенів (Token Burn): what is it?

Безповоротне знищення певної кількості токенів шляхом їх відправки на недоступну адресу (Burn Address).

🎯 Key Takeaways & Use Cases

✓Burning is the permanent removal of tokens from circulation.
✓Uses unspendable addresses (burn addresses) on Solana blockchain.
✓Supports deflationary or scarcity-driven project strategies.
✓Burn events are transparent, public, and can be verified on-chain.
✓Utilized in DeFi protocols, NFT collections, and DAO governance on Solana.

💡 Real-World Examples

A meme coin on Solana sends 10% of transaction fees to the burn address at each swap.
Solana NFT project burns tokens as part of a limited edition reveal event.
DeFi protocol on Solana burns unclaimed rewards after a staking period ends.

⚡ Pro Trading Tips

▸Always verify burn addresses on the official project site or documentation.
▸Use Solana explorers to track and confirm burn transactions.
▸Don’t mistake accidental transfers to incorrect addresses as intentional burns.

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