# Burnable Token

A "burnable token" refers to a type of cryptocurrency token that can be intentionally and irreversibly removed, or "burned," from circulation. Burning tokens involves sending them to an address from which they cannot be retrieved or spent, effectively reducing the total supply of the token. This mechanism can have various purposes and implications within the context of a cryptocurrency ecosystem.

To generate your own burnable token [click here](https://www.pinky.finance/launchpads/create-token).

### Smart Contract Methods

**Read methods:**

1. allowance
2. balanceOf
3. decimals
4. name
5. owner
6. symbol
7. totalSupply

**Write methods:**

1. approve
2. **burn**
3. decreaseAllowance
4. increaseAllowance
5. renounceOwnership
6. transfer
7. transferFrom
8. transferOwnership

{% hint style="info" %}
This token as any other token is compatible with our Launchpad, and your tokens can be sold on our Launchpad!
{% endhint %}

{% content-ref url="../about-us/services-fees" %}
[services-fees](https://docs.pinky.finance/about-us/services-fees)
{% endcontent-ref %}