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Proof-of-Burn

DeFi

Proof-of-burn is a method used in some cryptocurrencies where users "burn" or destroy their coins to prove their commitment to the network. This process helps prevent fraud and can make the blockchain work better.

Proof-of-burn is a method used in some cryptocurrencies where users "burn" or destroy their coins to prove their commitment to the network. This process helps prevent fraud and can make the blockchain work better.

Top tokens on optimism

  • USDC
    USDCUSD Coin
    $1.00$18.05M
  • WETH
    WETHWrapped Ether
    $2.46K$13.11M
  • USDT
    USDTTether USD
    $1.00$4.50M
  • WBTC
    WBTCWrapped BTC
    $82.21K$4.43M
  • USD₮0
    USD₮0USD₮0
    $1.00$1.68M
  • OP
    OPOptimism
    $0.14$925.38K
  • ZCHF
    ZCHFFrankencoin
    $1.21$888.44K
  • wstETH
    wstETHWrapped liquid staked Ether 2.0
    $3.07K$563.10K
  • msETH
    msETHMetronome Synth ETH
    $2.17K$393.66K
  • msUSD
    msUSDMetronome Synth USD
    $0.89$361.31K