Burning Coiin permanently increases your Validator Multiplier, which boosts your mining rewards for all future mining events. Here is how to do it:
- Log in to Coiin.ai.
- Select Burn from the navigation menu.
- Open the Burn Calculator and move the slider to see how different burn amounts affect your Validator Multiplier and future rewards.
- When you are ready, confirm the burn.
Before you can burn: Your Rewards Balance must be equal to or greater than the current Burn Unit. Check the current Burn Unit on the Burn page before proceeding.
Remember: burns are irreversible. The burned Coiin is permanently removed from circulation, which benefits the entire ecosystem by reducing supply.