Solana Glossary
What Is Token Burning?
Token burning permanently removes tokens from circulation. Learn about token burns, LP burns, and deflationary mechanics on Solana.
Token burning is the permanent and irreversible removal of tokens from circulation by sending them to a dead address (an address with no private key). Burning reduces total circulating supply.
Types of Token Burning
- Burning tokens to reduce total circulating supply (deflationary)
- Burning liquidity provider tokens to permanently lock pool liquidity
- Periodic burns to steadily reduce supply
- A percentage of each transfer is automatically destroyed (Token-2022)
Why Burn Tokens?
- Reduce circulating supply (deflationary pressure)
- Lock liquidity permanently (LP burns)
- Build community trust
- Create scarcity
Burning on SolTokenCreator.io
Use the token burner to burn any SPL token in your wallet, or burn LP tokens with Burn & Earn to lock liquidity while earning trading fees.