Burn Tokens, Earn SOL

Any accounts on Solana require a small storage fee to open them. By burning a token, we can close this account and reclaim the storage fee.

Most NFTs will give you 0.01 SOL when you burn. Most tokens will give you 0.002 SOL. Certain NFTs, such as scam tokens, will also only return 0.002 SOL. If the NFT was minted with magic eden's open creator protocol, you can reclaim 0.004 SOL. Finally, compressed NFTs unfortunately cannot reclaim any SOL.

If you are on mobile, you need to open the incinerator inside your wallets browser, instead of via your regular browser.

Yes, we charge roughly 2-5% fees depending on the exact type of item being burnt. Cleaning up vacant accounts has a 2.3% fee, resizing NFTs has a 5% fee, burning NFTs has a 5% fee, and so on. There are no fees for burning compressed NFTs. These fees helps fund further development of the Incinerator, along with ongoing costs such as RPCs and hosting.

Note: this fee is taken from the reclaimed SOL - you will never lose SOL by burning, you can only gain it.

If you want to burn just a specific amount of your tokens, for example, a % of your token supply, we suggest sending this amount to another wallet, and burning there. In future, we will have an easier method to perform this.