Supply burn refers to the process of permanently removing a certain amount of cryptocurrency from circulation. This is typically done by sending tokens to a public wallet address that cannot be accessed or used again, effectively “burning” them.The main goal of supply burn is to reduce the total supply of a cryptocurrency, which can create scarcity and potentially increase its value over time. By decreasing the number of coins in circulation, holders may see their assets appreciate due to increased demand against a smaller supply.Supply burns can occur on a planned schedule or in response to certain conditions, such as reaching specific milestones or during token sales. Some projects use this strategy as part of their economic model to reward investors and ensure a more stable value for their tokens.Overall, supply burn is a mechanism used by various projects to enhance perceived value and create a more attractive investment for current and potential holders.