Burning Coiin means permanently removing Coiin tokens from circulation. Once burned, those tokens are gone forever — they cannot be recovered or spent.
Burning has two main effects:
- For the ecosystem: Reducing the total supply of Coiin increases the scarcity of remaining tokens. This helps control inflation and maintain a healthy, stable token economy.
- For you personally: Every burn increases your Validator Multiplier, which permanently boosts your Validator Score. A higher Validator Score means you earn a larger share of Coiin rewards each mining cycle — for the lifetime of your account.
Burning is a long-term investment in your earning potential on the Coiin Network. The community's collective burning activity directly influences the token supply, creating a more sustainable and decentralized ecosystem.