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Does Arbitrum actually burn coins? I've heard rumors in the crypto community about this, but I'm not entirely sure what it means. Is it a mechanism designed to reduce the total supply of Arbitrum's native tokens? Or is it just a misconception? If Arbitrum does indeed burn coins, what are the benefits of such a system? And how does it affect the overall value and liquidity of the token? I'm interested in understanding the technicalities behind this concept and how it fits into the broader cryptocurrency ecosystem.
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