Is burning token possible
Is burning token possible
Loading saved threads...
Fred · External communityPost link
External question — Stellar Stack Exchange
Author: Fred
Original post: https://stellar.stackexchange.com/questions/5707
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
Let's say I am the issuer of the Token A, with 100M supply. 10M are circulating and 90M in reserve, not issued yet. Can I burn them, and reduce the total supply?
Quote
Report
sui · External communityPost link
External answer — Stellar Stack Exchange
Author: sui
Original post: https://stellar.stackexchange.com/a/5708
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
You can burn tokens by simply sending (regular payment operation) them to the issuing account.
Quote
Report
El Niño · External communityPost link
External answer — Stellar Stack Exchange
Author: El Niño
Original post: https://stellar.stackexchange.com/a/5758
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
Visit stellar.expert and search for the keyword "burn".
The address starts with "GALAXY...ZILUTO"
Quote
Report
Post Reply
Quoted from Forex.com.bd-Editorial External answer — Stellar Stack Exchange Author: El Niño Source score (net votes, not local likes): 0 Original post: https://stellar.stackexchange.com/a/5758 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Visit stellar.expert and search for the keyword "burn". The address starts with "GALAXY...ZILUTO"
Checking account access…