In this video, we will briefly explain what token burning means, how it works, and why companies burn tokens.

Token burning is the process through which coins are purposely and permanently removed from the circulating supply. It is carried out for various reasons, such as to reduce inflation, increase the value of a coin, or correct a mistake.


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- CHAPTERS -

0:00 Intro
0:13 What Is Token Burning?
0:58 How Does Token Burning Work?
1:45 Reasons and Use Cases for Coin Burning
3:14 Conclusion
3:32 Outro

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