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TLDR

  • Token holders can burn tokens by destroying their associated metadata.
  • SOs validate burns, ensuring tokens are permanently removed from circulation.
  • Burned tokens are irreversible — they cannot be recovered or reused.

In many cases, Stablecoin-backed tokens are burned to signal their off-chain redemption. To standardize this process, the protocol defines a universal burn public key (02… repeating), allowing issuers to prove that tokens have been irreversibly removed from circulation.