#Xrp🔥🔥

Did you know that there is a burning method in XRP? It is not a massive and discretionary burn like in other projects, but an inherent mechanism in the design of the XRP Ledger (XRPL).

It works as follows:

* Transaction fees: Each transaction made on the XRP Ledger, whether with XRP or other assets like the stablecoin #RLUSD $XRP , incurs a small fee. This fee is usually nominal, around 0.00001 XRP.

* Permanent burn: Unlike other networks where fees are paid to miners or validators, on the XRP Ledger, these fees are "burned" or permanently removed from the total supply of XRP. That is, they disappear from circulation.

* Purpose: The main objective of this mechanism is twofold:

* Prevent spam: By charging a small fee for each transaction, spam transactions are discouraged, and network efficiency is maintained.

* Gradual deflationary: While the amount burned per transaction is minimal, over time, this process gradually reduces the total supply of XRP, which may contribute to scarcity and, theoretically, to an increase in the value of the remaining tokens.

It is important to highlight that, although burning exists, the total volume of XRP burned since the inception of the XRP Ledger is relatively small compared to the total supply. Some Ripple experts have pointed out that the burning of XRP will not significantly reduce the supply in the short term.

In addition to transaction fees, 2 XRP tokens are also burned for each creation of a new Automated Market Maker (AMM) pool on the XRP Ledger, which also contributes to the deflationary environment.