> For the complete documentation index, see [llms.txt](https://docs.blockburns.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.blockburns.com/welcome-to-blockburns.md).

# Welcome to BlockBurns

## Overview

BlockBurns aims to become an ecosystem around token burning. Whether you are an everyday Blockchain User or a bonified Blockchain Developer we have you covered!

> What is burning?
>
> Token burning refers to the permanent removal of existing cryptocurrency or tokens from the existing circulation, creating deflationary effects on their spot price.
>
> — From [SupraOracles](https://supraoracles.com/academy/what-is-token-burning/)

> What it the most common way of burning?
>
> Perhaps the most common way to carry out a token burn is for a protocol’s foundation to purchase a set amount of tokens on the open market and effectively remove the tokens from circulation. This is achieved by sending the tokens to a private burn address which cannot be recovered as the private keys to the burn address were never known and thus the tokens cannot be recovered. The term *token burning* was likely coined in order to easily illustrate the end result without much nuance.&#x20;
>
> — From [SupraOracles](https://supraoracles.com/academy/what-is-token-burning/)

If you are an everyday Blockchain user head over to the [Burning via Contract](/users/burning-via-contract.md) section to burn unneeded tokens!

If you are a Developer head to our [For Developers](/developers/for-developers.md) section!

## Quick links

{% content-ref url="/pages/AOEJHZFOK5mNgnN4Mfvx" %}
[Burning via Contract](/users/burning-via-contract.md)
{% endcontent-ref %}

{% content-ref url="/pages/5jeoBHbKQoi4QTXxWPA7" %}
[For Developers](/developers/for-developers.md)
{% endcontent-ref %}
