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$BURN

Rank #5679
BURN logo

BURN

0.0…01777
+0.0…04012
+2.31%
Feb 08, 09:42 UTC

About

$BURN is a deflationary token on the XRPL designed to reduce its own supply over time through manual and future automated burns. With an initial supply of 1 quadrillion, over 935.7 trillion tokens have already been burned, bringing the total supply down to 64.3 trillion. Unlike traditional tokens, $BURN does not rely on mining or staking; instead, it increases scarcity by permanently removing tokens from circulation. NFT sales on XRP Cafe contribute to buybacks and burns, reinforcing the token’s deflationary model. $BURN transactions settle in 3-5 seconds with minimal fees, benefiting from XRPL’s efficiency. Future developments include automated burn mechanisms, liquidity enhancements, and expanded ecosystem integration, ensuring long-term sustainability and deflationary impact.

Info & Links

Contracts

  • xrp:
    42555…00000.rwgNTwrsZKPe7xYCy4emjFAYpgnuioHSkd
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