###Hello everyone. Welcome to my constant. I am @kajal arefin i am living in bangladesh. I will discuss with you about token burn how it works hope everyone will benefit from it
Token burn
Token burn is a protocol
What happens in the cryptocurrency realm, the idea is to reduce the circulating supply of a crypto token, where this is done in such a way that a null address is created, this null address is only able to accept crypto currency. And it is not able to send, thus crypto is sent to this address void of their existence in the blockchain. He created this protocol thinking only of himself. So that they get all its benefits
Main purpose of cryptocurrency burn
The main purpose of the cryptocurrency burn is to reduce the circulating supply of certain assets, because we know that the market and price of cryptos are determined based on the law of supply and demand, if they can make an excess amount with little demand, they will greatly improve the happiness and peace in their community. will exist
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