What is BOB exactly?
Since the BOB currency is based on the BNB Smart Chain (BEP20), burning is done as follows:
You choose the amount of BOB you want to burn.
You send it to the official dead wallet address:
0x000000000000000000000000000000000000dEaD
(This is the globally recognized address for burning any BEP20 or ERC20 token).
After the transfer, the tokens disappear from circulation permanently, and you or anyone else can verify via BscScan that the transaction has been completed.
🔥 3. How can you verify that the burn is official?
You go to the BscScan website.
You search for the BOB token contract code:
0x74836cc0e821a6be18e407e6388e430b689c66e9
Then you see the transactions sent to the dead address (0x…dEaD).
If they appear there, it is a real and documented burn on the blockchain.
🔥 4. Can you burn from Binance platform?
No ❌, because Binance does not allow burning from within its platform. You need to transfer your tokens to a decentralized wallet such as:
Trust Wallet
MetaMask
SafePal
Then send them from there to the dead address.
🔥 5. Is the burn individual or collective?
Individual: Any BOB holder can burn their tokens by themselves.
Collective: Sometimes the community runs a burn campaign (they agree on a specific percentage of tokens and burn them to increase the value of the currency).
