🔥Velar Verified Burner Contract
The Velar Verified Burner Contract is a specially designated one-function contract where you input a token address and amount, irreversibly sending tokens to a null address - effectively 'burning' them.
STX Burn Contract
Purpose
The Velar Verified Burned Contract serves crucial functions in the Velar ecosystem:
Fair Token Listing: It is the official destination for locking LP (Liquidity Provider) tokens during the fair token listing process on Velar.
Verifiable Token Locking: It can be used to lock any tokens in a verifiable way, providing transparency and confidence in token reduction processes.
By using this verified contract, we ensure that:
Tokens sent to this contract are irretrievably locked
The listing process remains transparent and fair for all participants
LP tokens are effectively "locked," preventing liquidity from being withdrawn
Any token locking events can be easily verified and audited by the community
Usage
This contract features a simple, single-function interface. When participating in a token listing on Velar or conducting a verifiable token locking event, you'll interact with this function by providing two arguments:
The token contract address
The amount of tokens to lock
Always verify you're interacting with the correct contract before sending any tokens.
Verification Our team has thoroughly verified that this contract has no withdrawal function. This ensures that once tokens are sent to this contract, they cannot be retrieved or used by any party.
Important Notes
Always double-check the contract address before interacting with it
This contract is to be used exclusively for Velar's official token listing processes and verifiable token locking events
The process is irreversible - tokens sent to this contract cannot be recovered
Do not send any tokens to this contract unless explicitly instructed by the Velar team
For any questions or concerns regarding the use of this Velar Verified Burned Contract, please contact the Velar support team.
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