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Glossary

Token Burn Meaning: What Does Token Burn Mean in Crypto?

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Definition

Permanent removal of tokens from circulation

BNB burns quarterly to reduce supply; deflationary mechanics like Ethereums EIP-1559 fee burns aim to create scarcity over time. Methods: Buyback-burn, transaction fees. Impact: Increases scarcity, potential price appreciation. Examples: BNB 40% supply burned by 2025.

Keywords

  • Tokens & Standards