Quick Start
Burn Tokens
Learn how to burn LRC-20 tokens on Spark
The burnTokens
function allows you to permanently remove tokens from circulation, reducing the total supply.
Example
Important Considerations
- Burning is irreversible - burned tokens cannot be recovered
- You can only burn tokens that you own
- The amount must be specified in base units (considering token decimals)
- The operation will fail if you try to burn more tokens than you own
Next Steps
After burning tokens, you may want to send tokens back to Bitcoin L1.