> For the complete documentation index, see [llms.txt](https://docs.stablepad.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.stablepad.app/earn/lock-and-burn.md).

# Lock and Burn

Lock and Burn covers the two supply side properties of every STABLEPAD coin, liquidity that is locked at launch and supply that anyone can burn.

## Locked liquidity

When a coin launches, its full one billion supply seeds a single sided Uniswap v3 position, and that position is locked. The creator cannot remove it. This is what makes a STABLEPAD coin rug proof at the liquidity level, the pool stays in place and cannot be drained by whoever launched the coin.

## Burning supply

Burning permanently removes tokens from circulation by sending them to the dead address, a standard address that no one controls and from which tokens can never be recovered. Burning is optional and open to anyone holding a coin. It reduces circulating supply, which is a common way for a community to signal commitment or tighten a coin over time.

The burn tool lets you pick a coin you hold from a dropdown, so you do not need to paste a contract address, then choose an amount to send to the dead address.

```mermaid
flowchart LR
  H[Holder chooses amount] --> D[Send to dead address]
  D --> X[Tokens removed from supply forever]
  X --> B[Public burn board updates live]
```

## The public burn board

STABLEPAD shows a public burn board that reads the burned balance of every coin directly from the chain. It works for anyone, with or without a wallet, it is exact because it reads on chain balances, and it never disappears on refresh because nothing is stored off chain. Any coin with a nonzero burned balance appears there.

## Fixed supply as the baseline

Every coin starts at exactly one billion tokens with no minting. Burning only moves in one direction, down, so the circulating supply of a coin can fall over time but never rise above its fixed cap.


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