Sonar

What Is Token Burn?

Token burning is the permanent removal of tokens from circulation by sending them to an inaccessible wallet address. Burns reduce total supply, which can increase per-token value. Whale-initiated burns or large protocol burns are significant on-chain events tracked by Sonar. A project burning tokens is generally seen as a deflationary and value-accruing action.

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See token burn patterns as they happen on Sonar Tracker.

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