Create Token

How to burn tokens

Using BSCScan Contract Writer

Why burn tokens?

Burning tokens is a good way of keeping your circulating supply stable. This is often also done to provide fairness for your holders and keep up your liquidity in the token.

Bep20 Generator admin panel

Bep20 Generator is currently working on a admin panel for token owners. This will be available in the near future and will make this guide deprecated. But for now, please use this guide.

How and why burn tokens?

How to access contract writer

Burning tokens can be done using the builtin contract writer on BSCScan. In order to burn tokens, you must be the contract owner. Visit your contract writer token page on bscscan, the url looks like this: From here you'll have to connect to your web3 wallet. Once connected to your web3 wallet, you'll be able to write to your contract.

How to burn tokens

In order to burn tokens, scroll down until you see the "Burn".
Enter the amount of tokens you wish to burn followed by the amount of decimals your token have in 0's.
Example: If you want to burn 1 token and your token has 9 decimals, this is what your input should be: 1000000000
After typing your desired amount, press the Write button and complete the transaction in metamask. There's always a gas fee when doing transactions on the BSC Network. Your tokens are now burned and removed from circulation.

Why burn tokens?

Burning tokens is a good way of stabilizing the tokens value and potential price inflation. When you burn tokens you reduce the circulating supply of your token, making 1 token worth more. This is widely used for many projects where the initial supply is very high in order to fulfill bigger exchange orders. You can not burn tokens that are already in another holders wallet. You may only burn tokens that are in your own wallet.

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