Token Burn
When crypto tokens are permanently removed from circulation to reduce supply.
A token burn happens when coins or tokens are sent to an unrecoverable address,
permanently removing them from circulation.
It’s often done to reduce supply and make the remaining tokens more valuable.
Why it matters
- Reduces total supply, which can increase scarcity
- Shows a project’s commitment to long-term value
- Used in deflationary token models or reward systems
💡 Lanzo Tip
Always check if a burn is real and verifiable on-chain —
some projects claim token burns without actually doing them.