🔥🔥🔥#burn

🔥 Which blockchains actually burn tokens?🔥

In crypto, we often hear “token burning” — but what does it mean?

This is when coins are permanently removed from circulation to make the asset more scarce 🚀

Here are the TOP blockchains and projects that have already implemented the burning mechanism:

➡️Ethereum (ETH)

Since 2021 (EIP-1559), part of the transaction fees is automatically burned. This has made ETH partially deflationary.

➡️Binance Coin (BNB)

Binance buys back tokens every quarter and burns them. Now there is also Auto-Burn, which adjusts to the BNB price and network activity.

➡️Ripple (XRP)

Each transaction “eats” a tiny fee that is burned. This protects the network from spam.

➡️TRON (TRX)

Burning occurs at the expense of fees and periodic team decisions.

➡️Polkadot ($DOT )

DOT is burned automatically:

• 1% of unused funds in the Treasury every 24 days

• balances of "dead" accounts

• Coretime sale

➡️Shiba Inu (SHIB)

The community created a separate ShibBurn portal. Vitalik Buterin burned over 400 trillion SHIB (!).

➡️Avalanche ($AVAX )

Part of the transaction fees goes to burning.

➡️MakerDAO (MKR)

When the system has a surplus of DAI, it is used to buy back and burn MKR.

➡️Injective ($INJ )

A unique "burn-auction" - dApps pay fees, they are put up for auction, and INJ are then burned.

💡 Why is this done?

• ⚖️ Inflation control

• 📉 Supply reduction → shortage growth

• 💰 Token price support

• 🏛️ Team commitment demonstration

👉 So the next time you hear “this token was burned,” know that this is not just marketing, but one of the key economic strategies of blockchains.

🔥 And the main question: which of these projects do you think has the smartest burning mechanism?