Crypto 101 📚 Tokenomics
Burning means sending some tokens to an address that no one can access, permanently removing them from the circulating supply. BNB’s quarterly burns are an example.
Tokenomics studies how tokens are issued, distributed, used, and eventually taken out of circulation.
Don’t laugh—I only learned this after making a few mistakes myself.
$ETH has no fixed maximum supply, but some transaction fees are burned, so its supply changes depending on on-chain activity.
Just my personal take; I may not be entirely right. Take it with a grain of salt.
Burning means sending some tokens to an address that no one can access, permanently removing them from the circulating supply. BNB’s quarterly burns are an example.
Tokenomics studies how tokens are issued, distributed, used, and eventually taken out of circulation.
Don’t laugh—I only learned this after making a few mistakes myself.
$ETH has no fixed maximum supply, but some transaction fees are burned, so its supply changes depending on on-chain activity.
Just my personal take; I may not be entirely right. Take it with a grain of salt.