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🔥How to Burn Tokens

Get Rid of Unwanted Tokens, Speed up your BONKbot & Reclaim Some SOL

Do you have tokens you no longer want?

TL;DR

To burn tokens, simply connect your Solana wallet to the Sol Incinerator, scan for burnable assets, and select the tokens you wish to burn. As a result of the burn, you might be able to receive some SOL back in your wallet.

Be careful—this process is irreversible once confirmed!

Preparing to Burn Tokens

Before burning tokens from your BONKbot wallet, follow these steps:

  1. Export Your Wallet’s Seed Phrase – Export the Seed Phrase from your BONKBot.

  2. Import Your Wallet into a Browser Extension – Use a Solana-compatible wallet like Phantom or Solflare.

  3. Go to Sol Incinerator & Connect Your Wallet – Visit the platform and get started.

What is Sol Incinerator?

For those unfamiliar, Sol Incinerator was launched in 2021 by the team behind Sol Slugs, a deflationary NFT collection with a built-in token-burning mechanism. It is a Solana-based decentralized application (dApp) that allows users to burn unwanted tokens, NFTs, and even Solana domain names (SNS) to free up space in their wallet and potentially recover SOL.

How to Use Sol Incinerator?

Once you have restored your BONKBot wallet on a wallet extension, follow these steps to burn your tokens:

Step 1: Connect Your Wallet

  • Visit Sol Incinerator and connect your Solana wallet (e.g., Phantom, Solflare).

Step 2: Scan for Burnable Assets

  • The dApp will automatically detect eligible tokens, NFTs, or domain names that can be burned.

Step 3: Select the Assets to Burn

  • Review the list and carefully choose the tokens you want to burn.

Step 4: Check SOL Reclaim Estimate

  • Sol Incinerator will calculate the amount of SOL you might receive in return. Click on Burn.

Step 5: Confirm the Burn

  • You will get a summary of the token you wish to burn. Once you’re certain, click confirm and approve the transaction.

  • Be careful—this process is irreversible once confirmed. If you burn coins with real value you will never get it back!

Step 6: Receive SOL in Your Wallet

  • After successful burning, any eligible SOL will be automatically sent to your wallet.

Burnt All Your Unwanted Tokens?

Burning tokens is a great way to clean up your wallet, reclaim some SOL, and improve the overall health of the Solana ecosystem. Just double-check before burning to avoid mistakes.

Happy burning! 🔥

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