What's the deal with token burning? Here's the breakdown. Token burning is when you permanently remove tokens from circulation—basically sending them to a wallet nobody can access. Why would anyone do this? Projects use it to reduce supply and potentially increase scarcity value. It's a deflationary mechanism that some communities swear by. So how do you actually burn tokens? If it's your own project token, you'll typically send them to a dead wallet address (an address where no one holds the private keys). Some projects automate this through smart contracts that lock tokens or permanently remove them on every transaction. For standard tokens on major blockchains, you might use a dedicated burning contract or simply transfer to a null address—0x0000000000000000000000000000000000000000 on Ethereum, for example. Always verify you're using the correct burn mechanism for your specific token and blockchain. Not all burning methods are created equal, and doing it wrong could mean permanent loss of your tokens in a way that doesn't actually reduce circulating supply. Check your project's documentation first.