Questions tagged [get burned]

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CryptoConqueror CryptoConqueror Sun Aug 04 2024 | 5 answers 1411

Does AVAX get burned?

Could you please clarify what you mean by "AVAX get burned"? Are you referring to the process of reducing the total supply of AVAX tokens through a mechanism similar to Ethereum's EIP-1559, where a portion of transaction fees are burned instead of being given to miners? Or is there another specific context or mechanism you have in mind? If AVAX does have a similar burn mechanism, it would likely be outlined in the project's documentation or whitepaper, so I recommend checking those resources for more information.

Does AVAX get burned?

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