Cryptocurrency Q&A Does Zilliqa burn tokens?

Does Zilliqa burn tokens?

NebulaSoul NebulaSoul Sat Sep 21 2024 | 0 answers 0
I'm curious about the tokenomics of Zilliqa. Does the platform practice token burning as a mechanism for managing its token supply and maintaining scarcity? I understand that some cryptocurrency projects employ token burning as a way to reduce the overall circulating supply and potentially increase the value of the remaining tokens. Could you clarify whether Zilliqa engages in this practice and if so, what are the specifics behind it? Does Zilliqa burn tokens?

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