Solana token burn refers to the destruction of a portion of Solana (SOL) tokens through specific mechanisms or transactions, thereby reducing the total amount of tokens in circulation, with the aim of decreasing supply to increase token scarcity, which may subsequently enhance its value.#加密市场回调

Preparation items:

  1. .Solana wallet - Install Phantom wallet tutorial

  2. The wallet should have at least 0.03 SOL

  3. Information on the token contract to be frozen and the account address to be frozen

Solana Token Burn Tutorial

1. Connect wallet

Go to the GTokenTool token burn page, connect your wallet in the upper right corner, and select Phantom wallet.

2. Select the token to burn

3. Retrieve token-related information

4. Enter the number of tokens you want to burn

5. Submit completed token burn

Before performing the token burn, please ensure that you fully understand the purpose of the burn and its potential impact on the project's economic model. Burning tokens is an irreversible operation; once executed, the burned tokens will be permanently removed from circulation. Before submitting the burn operation, be sure to carefully check the number of tokens to be burned. An incorrect amount may result in unexpected economic losses.

$SOL