Burned
Definition
Burning refers to the permanent elimination of a crypto asset by the project, reducing its total supply.
Burning is a process that is generally carried out to affect the supply-demand balance or increase the value of the asset by reducing the total supply of crypto assets. This is usually accomplished through a process determined by a specific algorithm or protocol. Burning crypto assets can contribute to existing assets becoming rarer due to reduced supply and increasing prices as demand increases. Incineration can be carried out by a project in line with a specific strategy.
This entry is part of the JrKripto crypto glossary. We explain key terms and concepts to help investors and traders understand the cryptocurrency market. Clear definitions support better decision-making and risk management.
Browse the full JrKripto glossary for more definitions on trading, DeFi, blockchain, and market analysis. Each term includes a short definition and extended explanation to support your research.
The JrKripto crypto glossary explains important terms and concepts so investors can understand the market better. Clear definitions support decision-making and risk management. Each entry has a short definition and, where useful, an extended explanation for quick reference or deeper reading.
The glossary covers a wide range of topics from trading and DeFi terms to blockchain infrastructure and market indicators. You can find terms via search or the term list. Use the related terms section to discover related concepts.
