How to burn a fungible token
Intro
This page describes how to burn a Fungible Token on TRAIT Blockchain.
Prerequisites
Before you proceed, ensure you satisfy the following prerequisites:
Create an owner address (see: Jumpstart: setup root addresses)
Ensure you have enough TRAIT tokens (see: Jumpstart: obtain TRAIT tokens)
Ensure you have already created an AppAgent (see: How to create AppAgent)
Ensure the AppAgent already has an admin added (see: How to add & delete AppAgent Admin)
Ensure the FT is created and you own some amount of it (see : How to create a fungible token)
How to burn a fungible token
Why are we using a clearing transaction to transfer a FT?
FTs can only be created by an AppAgent. An AppAgent address is a keyless address and it can only be used through Clearing Transactions
TODO add steps as with How to transfer fungible tokens page
Discover more:
Last updated