Quboid Studio
  • Introduction
  • Dashboard
  • Messaging
    • Announcement
    • Push Notification
  • Members
    • Invite
    • Upload
  • Collections
    • Importing Collection
    • Membership Collection
    • Ticket Collection
    • Custom Collection
  • Bounties
    • Custom
    • Twitter
  • Utilities
    • Discord Utility
    • Media Utility
    • Ticket Utility
    • Secret Text Utility
    • Coupon Code Utility
    • Custom Utility
  • Leaderboard
  • My Club
    • Design Your Club
    • Changing Club Visibility
    • Connecting Socials
  • Tokens
    • Create Token
    • Mint Token
    • Burn Token
  • Brands.Fun
    • Getting Started: Dive In! 🌟
    • Fan Tokens: Unlock Magic! 🪄
    • Bounties-Your Daily Dose Of Fun
    • QExchange
      • Buy Tokens
      • Sell Tokens
      • Swap Tokens
      • Stake Tokens
    • Claim Club-Plant Your Flag & Own Your Turf!
    • Trading Fees- Keeps the Party Going!
    • Questions? We’ve Got You Covered! 🙌
Powered by GitBook
On this page
  1. Tokens

Burn Token

PreviousMint TokenNextBrands.Fun

Last updated 11 months ago

Burn functionality allows admin to decrease the token supply by retiring the token against the token, doing so basically decreases the price of token as we move down the slope of the bonding curve. Burning of tokens, releases the QBE token staked across the bonding curve. The number of QBE tokens released depends on the bonding curve function. These QBE tokens are received back into the club wallet address.

Burn Token