What is Burn Address?
Burn Address A blockchain address to which tokens are sent to be permanently removed from circulation, reducing supply and potentially increasing token scarcity and value.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Burn Address” Used in Practice?
Tokens sent to the burn address are irretrievable, effectively reducing circulating supply and impacting portfolio valuation metrics.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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What is Burn Address?
A blockchain address to which tokens are sent to be permanently removed from circulation, reducing supply and potentially increasing token scarcity and value.
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