Burn Tokens
Permanently remove tokens from circulation by sending them to a burn address. Reduce supply to increase scarcity.
What is Token Burning?
Token burning is the permanent removal of tokens from circulation. Burned tokens are sent to an inaccessible address, effectively reducing the total supply forever. This is commonly used to:
- Increase token scarcity and potential value
- Fulfill tokenomics and deflationary models
- Remove excess supply from market
- Build community trust through transparent supply management
Supply Reduction
Burning tokens creates deflationary pressure by permanently reducing circulating supply:
How to Burn Tokens
- 1
Navigate to "Burn Tokens" on SUI Lab
- 2
Select the token you want to burn
- 3
Enter the amount of tokens to burn
- 4
Review the burn transaction details carefully
- 5
Confirm that you understand tokens will be permanently destroyed
- 6
Sign the transaction to execute the burn
Common Burn Strategies
Scheduled Burns
Burn tokens on a regular schedule (monthly, quarterly) to create predictable deflationary pressure.
Fee Burns
Automatically burn a percentage of transaction fees to continuously reduce supply.
One-Time Burns
Large single burn event to demonstrate commitment and reduce oversupply.
Buyback & Burn
Use treasury funds to buy tokens from market, then burn them to reduce supply.
⚠️ Warning: Irreversible Action
Token burning is PERMANENT and CANNOT be undone. Once tokens are burned, they are destroyed forever and cannot be recovered by anyone, including the token creator.
Always double-check the burn amount before confirming the transaction.
Best Practices
- • Announce burn events to your community in advance
- • Provide proof of burn (transaction hash) for transparency
- • Consider the impact on tokenomics before burning
- • Start with smaller test burns if unsure
- • Document burns for audit trails and community trust
Ready to Burn Tokens?
Reduce your token supply and demonstrate commitment to your tokenomics.