How to burn tokens on Robinhood Chain
Burning on Robinhood Chain means sending tokens to 0x000000000000000000000000000000000000dEaD — an address nobody holds the keys to. Once they land there, they are out of circulation forever, and anyone can check it in one click.
What a burn actually is
A burn is an ordinary token transfer with an extraordinary destination. You move your balance to the dead address, a wallet with no private key, so those tokens can never be sold, staked, or moved again. There is no smart contract to trust, no lock-up to expire, and no team wallet quietly holding the keys. The chain records it, and the chain does not forget.
For a deployer, that is the most credible message you can send: you gave up value in public, permanently, in favour of everyone still holding. For a holder, it is the same signal from the other side of the table — you tightened the float you are invested in and you can point at the receipt.
What it does to supply
Some ERC-20 contracts on Robinhood Chain expose a burn function that decrements totalSupply directly. Most do not, and it makes little practical difference: tokens parked at the dead address are unspendable, so every serious supply calculation treats them as gone. Hood Incinerator reads both numbers straight from chain and shows you the supply before and after, so the figure you post is the figure anyone else will compute.
The five steps, start to finish
1. Connect your wallet
MetaMask, Backpack, or any injected EVM wallet. If you are on the wrong network, the app offers to switch you to Robinhood Chain (chain id 4663).
2. Pick the token or NFT
Select from your detected balances, or paste any contract address. Name, symbol, decimals, your balance and total supply are read live from the contract — nothing is cached from a database, because there isn't one.
3. Choose the amount
Type a figure or hit 25%, 50% or MAX. The console previews the supply that survives the burn and the percentage you are about to remove — the number your community will actually react to.
4. Sign once
The transfer to the dead address and the 0.0004 ETH app fee are batched into a single wallet approval. You pay gas, we never take custody, and there is no second surprise prompt.
What it costs
| Item | Amount | Paid to |
|---|---|---|
| Network gas | Robinhood Chain rate | Validators |
| App fee | 0.0004 ETH | Hood Incinerator |
| Cut of your tokens | 0% | Nobody — no custody |
Each app fee you pay also scores Incinerator Points, and burns of $0XdEaD (CA 0xBAE9346CB6c12df12114c9edfbAC00E3543A2Ef9) earn a 2x multiplier on the supply half of the score.
Frequently asked questions
- How do I burn tokens on Robinhood Chain?
- Connect your wallet to Hood Incinerator, pick the ERC-20 or NFT you hold, choose an amount, and sign once. The app sends the tokens to 0x000000000000000000000000000000000000dEaD and pays the flat app fee in the same batched signature.
- Does burning reduce total supply?
- Burned tokens leave circulation permanently because nobody holds the private key to the dead address. Contracts with a burn function reduce totalSupply directly; for every other token the burned balance sits visibly at the dead address forever, which is how circulating supply is calculated in practice.
- What does it cost to burn on Robinhood Chain?
- Network gas, plus a flat 0.0004 ETH app fee charged by Hood Incinerator. There is no percentage cut and no custody — your tokens never enter a contract we control.
- Can I burn Robinhood Chain NFTs too?
- Yes. Hood Incinerator supports ERC-721 and ERC-1155 burns through the NFT tab in the burn console, using the same one-signature flow.
- How do holders verify a burn?
- Every burn is a public Transfer event to the dead address. The confirmation screen hands you the transaction link and the new supply figure, ready to post on X, and the burn also appears on the Hood Incinerator leaderboard.
Keep reading
- The dead address explainedWhat 0x…dEaD is, why it is the standard burn destination, and how to verify a burn.
- Robinhood IncineratorWhat Hood Incinerator is, what it costs, and why it never touches your tokens.
- Burn culture on Robinhood ChainWhy deployers and holders burn, and how proof beats promises.