FAQ

We use a legacy address which is linked to an external centralised exchange that does not have the feature to store NFTs or native tokens so it automatically destroys the NFT and extract whatever funds is tied to it. This is an irreversible process.

Most NFTs and tokens will give you 0.90 ADA when you burn. Most tokens will give you 1.2 ADA. Certain NFTs, such as scam tokens, will also only return 0.7 ADA If the NFT was minted on a video file you will get 1.5 ADA. Finally, depending on the size of your NFT or token will determine the amount of ADA that is extracted.

No, you only pay the network fee.

Your transaction is stored on our database and on the day of token generation you will receive your allocated portion of $BURN.

This information will be released in our burn paper.