# Mintable + Burnable Token

A "mintable + burnable token" refers to a type of cryptocurrency token that combines the properties of both mintable and burnable tokens. This means that the token can be both created (minted) and removed (burned) from circulation based on predefined rules set in the token's smart contract by the owner.

Here's how mintable + burnable tokens work:

**Mintable Aspect:**

* Mintable functionality allows the owner to create new tokens according to specific conditions defined in the token's smart contract.
* Additional tokens can be minted over time, expanding the total token supply beyond the initial issuance.
* Minting can be used for various purposes, such as rewarding users, supporting ecosystem growth, or introducing new features.

**Burnable Aspect:**

* Burnable functionality enables tokens to be intentionally and irreversibly removed from circulation.
* Burning tokens can be used to manage inflation, create scarcity, or incentivize specific behaviors in the token's ecosystem.

To generate your own mintable + 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. **mint**
3. **burn**
4. decreaseAllowance
5. increaseAllowance
6. renounceOwnership
7. transfer
8. transferFrom
9. 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="/pages/9BWqeJsS9yKxiTR9IyTB" %}
[Services Fees](/about-us/services-fees.md)
{% endcontent-ref %}


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