Prosperity Truth Coalition
  • Introduction
  • Roadmap
  • Social Links
  • PTC Token
    • What is PTC?
      • Utilities
        • Reflections (base)
        • The Burn Portal
        • The Staking portal
          • XRP rewards system
        • The Trading Portal
      • PTC Token Links
  • PXAv2 Token
    • What is PXAv2?
      • Functions
      • PXAv2 Token Links
  • PBTC Token
    • What is PBTC?
      • Advanced Tokenomics
      • PBTC Token Links
  • Phoenix Token
    • Launch details (PXAv2 Token Redeem)
  • NFT Collections
    • PTC OG Coin (Gen1)
    • PTC Phoenix Odyssey (Gen2)
    • NFT Utilities
  • Useful Links
    • Meet the Team!
    • PTC Website
    • Join us in Discord
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  1. PTC Token
  2. What is PTC?
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The Burn Portal

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Last updated 11 months ago

Community PTC burn

“Burning” crypto means permanently removing tokens from circulation by sending them to a wallet from which they can never be retrieved. Crypto projects may burn tokens to reduce supply, which could lead to increased prices in the future as tokens become more scarce. The purpose of the burn portal being public access is to allow holders to burn reflections while still maintaining their positions at 100% or higher.

Note: Burning tokens count as a Transfer. Transfers are subject to the % Tax fee same as buy and sell. e.g. If 360m is burned from Treasury, Only 356,4m get burned (1.8m gets distributed as reflections)

PTC dApp