Proof-of-Burn (PoB)

DeFi

Proof-of-Burn (PoB) is a way for blockchains to work together more efficiently. It involves destroying a cryptocurrency by sending it to an address where it can't be spent. This shows that the person has spent resources, helping to secure the new blockchain.

Definition
Proof-of-Burn (PoB) is a way for blockchains to work together more efficiently. It involves destroying a cryptocurrency by sending it to an address where it can't be spent. This shows that the person has spent resources, helping to secure the new blockchain.

Top tokens on polygon

  • USDT0
    USDT0USDT0
    $1.00$39.71M
  • DAI
    DAI(PoS) Dai Stablecoin
    $1.00$27.33M
  • USDC
    USDCUSD Coin
    $1.00$26.84M
  • USDC
    USDCUSD Coin (PoS)
    $1.00$17.36M
  • WPOL
    WPOLWrapped Polygon Ecosystem Token
    $0.11$16.17M
  • LGNS
    LGNSLonginus
    $1.14$10.64M
  • WETH
    WETHWrapped Ether
    $2.50K$9.22M
  • WBTC
    WBTC(PoS) Wrapped BTC
    $79.15K$3.39M
  • AAVE
    AAVEAave (PoS)
    $135.09$1.50M
  • sLGNS
    sLGNSStaked Longinus
    $1.11$1.44M