Token Burning

48 Articles 0 Followers


New burns feature

7 Dec 2024 1 minute read 0 comments F.Khan

Introducing a new burns method. Everytime the bubble bot is triggered on telegram we will burn 1K. We'll collect all the transactions after 24 hours and burn them together. We will be buying these from the open market and you don't need to be part of...

BZE Burnings šŸ”„

29 Jul 2024 1 minute read 0 comments BZE

The BeeZee blockchain has long had a burning mechanism in place. Weā€™ve invited you to vote on burning unclaimed coins from the swap twice: once in 2023 and again in March 2024. So far, we have burned a total of 179,000,000 BZE and plan to burn more....

Sol-Incinerator: The Tool To Clean Your Solana Wallet.

29 Feb 2024 3 minute read 3 comments CryptoEntrepreneurs

Imagine that you have a closet full of clothes that you no longer wear, that are too small, that are torn, or that you simply don't like. What would you do with it? You'd probably donate it, recycle it, or throw it away, right? Well, you can do somet...

ROD coin burn and time-lock

9 Aug 2023 1 minute read 0 comments Walter Philips

Ā  50 mln. ROD coins will be burned, and we'll be time-locking another 100 mln. coins Another piece of big news, everyone! We're excited to announce our plans to burn 50 mln. ROD coins, increasing scarcity and value for all holders. Additionally, we'l...

Binance's burning of billions LUNC tokens

6 Aug 2023 1 minute read 0 comments babesugarbunny

Binance has executed the burning of 1.31 billion Terra Luna Classic tokens, during the 12th cycle of the LUNC burn mechanism. And with this recent burn, the crypto exchange has now upped their total burn of LUNC to 37 billion. These tokens have all b...

What Is Burning Tokens in Crypto?

20 Jul 2023 5 minute read 0 comments CryptoManiaks

Thereā€™s lots of jargon in the world of crypto, and one of the phrases you often hear is related to people ā€œburning tokensā€.Ā  But what does it mean to burn crypto? As dramatic as it sounds, you can probably guess that thereā€™s actually no fire involved...

šŸ”„ Igniting Growth: First Buyback and Burn Complete!

19 Jun 2023 1 minute read 0 comments Fushuma

Note: This article was originally published under the Callisto Network blog. We are now evolving into Fushuma, a community-driven blockchain leveraging advanced ZK-Rollup technology for low fees and high throughput. In Fushuma, FUMA token holders d...

NFT Trader Accidentally Burns CryptoPunk Worth Over $129K

27 Mar 2023 2 minute read 14 comments ZeroRequiem

Hey Peeps! Ā  Ā  On March 24th, an NFT trader named Brandon Riley, who goes by @vitalitygrowth on Twitter, accidentally burned CryptoPunk #685 and destroyed the NFT forever.Ā  Burning a digital asset involves sending it to a wallet address from which i...

All About BNB Burning

30 Jan 2023 1 minute read 3 comments Yugocean

Ā  Ā  Ā A sizable amount of BNB has been burned by Binance. This is not the first time Binance has been periodically burned BNB; this was the 22nd burn event. You must be wondering what benefit this burning has for Binance. Actually, BSC is stabilised b...

Does coin burning really work and why do developers need it?

28 Jan 2023 1 minute read 0 comments Lazy Bear

Against the background of the news that Floki Inu are going to burn as much as 1/3 of the tokens, I wondered if it was really effective? Let's look at the example of this news.Some newcomers think that by burning a token, you automatically raise its...