Burning

When token is burned - it is no longer accessible and not a part of the circulating supply

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Recycled vs. burned

Recycled tao/alpha just becomes unissued - ready to be emitted again at a later date

Burned tao/alpha is destroyed. This token no longer exists, and cannot be used.

Tao

  • Tao extrinsic fees are burned.

Alpha

  • Mining emission to the subnet owner hotkey is burned.
  • Subnet owners can burn alpha
  • Subsidized subnets: the validator alpha that would be converted to tao for root emissions is burned.