Crypto-Natta
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Adjusting the supply of tokens in the project ⚜️
❗️🫧Burning: Decrease supply
Burning tokens means removing them from the circulating market, which can be done in the following two ways:
1. Manually send it to an unclaimed address.
2. Create a contract that holds funds but cannot be spent.
Although the token contract does not 'clearly' reduce circulating supply, either method will render the burned tokens unusable. The burning action is similar to the destruction of currency in the traditional financial system or irreversible loss (i.e., destroying old banknotes and replacing them with newly printed ones). In practice, these two forms of ETH or ERC-20 token destruction are often used, whether intentionally or unintentionally. Verification addresses and registration contracts 'can prevent accidents from occurring.
Burning tokens means removing them from the circulating market, which can be done in the following two ways:
1. Manually send it to an unclaimed address.
2. Create a contract that holds funds but cannot be spent.
Although the token contract does not 'clearly' reduce circulating supply, either method will render the burned tokens unusable. The burning action is similar to the destruction of currency in the traditional financial system or irreversible loss (i.e., destroying old banknotes and replacing them with newly printed ones). In practice, these two forms of ETH or ERC-20 token destruction are often used, whether intentionally or unintentionally. Verification addresses and registration contracts 'can prevent accidents from occurring.
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