Burncoin is a deflationary cryptocurrency operating on the Solana network, boasting a fixed supply of 21 million tokens. Designed to foster scarcity and decentralization, Burncoin has no team, insiders, or inflation, making it a community-driven asset. Each transaction, whether a swap or wallet transfer, incurs a burn of 4.20% of the tokens, which is permanently removed from circulation. This unique feature is enforced directly on-chain through the Solana Token Extensions, ensuring transparency and sustainability within the ecosystem. Burncoin was launched through a fair Dutch auction, deliberately excluding venture capital allocations to reinforce its community ownership. This approach aligns with its purpose of creating a meme coin that emphasizes value through scarcity, similar to the principles of Bitcoin but with a distinctive focus on burning tokens. With its innovative model and community-centric philosophy, Burncoin offers a unique proposition in the cryptocurrency landscape, appealing to users who value deflationary assets and decentralized finance.