> For the complete documentation index, see [llms.txt](https://defido.gitbook.io/defido-woofpaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://defido.gitbook.io/defido-woofpaper/tokenomics/token-burn.md).

# Token Burn

DeFido burnt tokens are sent to the black hole dead wallet

DeFido has a burn wallet on the Ethereum blockchain and the Binance Smart Chain. As tokens are sent to the burn wallet, they are taken out of circulation forever, making the circulating tokens more valuable due to scarcity, We intend to buy back and burn the current supply of 128 Million over time until it reaches the V1 supply of 100 Million tokens. 

Accordingly, DeFido unlike government-backed currency, becomes MORE valuable as time goes on. 

**$DEFIDO BSC Burn Address 👇**

{% embed url="<https://bscscan.com/token/0x199f788ddb566b7ebb59bf35b36914f2acdb33de?a=0x000000000000000000000000000000000000dead>" %}
Binance Smart Chain Burn Address
{% endembed %}

**$DEFIDO ETH Burn Address 👇**

{% embed url="<https://etherscan.io/token/0xf32122561d51e891b823dec2b42f644884c1cd91?a=0x000000000000000000000000000000000000dead>" %}
Ethereum Network Burn Address
{% endembed %}