Burning
Burning
Destroy your own $ATOM, publicly and permanently:
For instance,
sends 1.5 $ATOM out of your Cosmobot wallet to an address nobody holds the key to. Nobody can bring it back - not you, not us, not anyone.Only $ATOM can be burned, and the coin has to be written out. #burn 1.5 on its own is refused
rather than assumed to mean $ATOM, because nothing about a burn can be taken back. Use a dot for
decimals, as everywhere else: 1,5 is refused too.
Works in any chat Cosmobot is in, and in DM.
Where the $ATOM goes
The null address:
A Cosmos address is a 20-byte hash of a public key, and that one is twenty zero bytes. No key can produce it without breaking the hash, so it is unspendable by construction rather than because somebody says they discarded the key.
Nothing has ever been sent from it, and it already holds $ATOM other people burned there long before Cosmobot existed. Anyone can check it on Mintscan.
Burning in someone's honour
Send the command as a reply and the burn is dedicated to that person:
in reply to User A posts "burned 5 $ATOM in honour of User A".It is a tribute and nothing else. They receive no coins, it does not count towards their own total, and it costs them nothing. Bots can be honoured too.
The leaderboards
lists who has burned the most, all time, with the total burned through Cosmobot at the top. Add a number for a longer list, up to 25: lists who has had the most burned in their name, with how many burns it took and how many different people made them. It takes a number the same way:Nobody can climb the honours list by spending on themselves. A dedication moves no coins, so every entry on it is somebody else choosing to destroy their own $ATOM in your name.
Balance and fees
The amount comes out of your Cosmobot balance, and the transaction fee comes out of it as well, so keep a little $ATOM spare. Check what you hold with #tipmenu.
Funding your wallet is covered in Deposits and withdrawals. Sending coins to people instead of destroying them is Tipping.