> For the complete documentation index, see [llms.txt](https://ivy-live.gitbook.io/ivylive/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ivy-live.gitbook.io/ivylive/ivy-live/tools/burn-tool.md).

# Burn Tool

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**Status: ACTIVE**
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## **IVY Token: Deflationary Structure and Advanced Burning Tools**

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Thanks to this structure, an ecosystem has been built that allows existing tokens to gain value while the IVY Token supply decreases over time. Many products within the Ivy Live ecosystem contribute to this process by automatically burning IVY tokens.\
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Our automatic burning mechanisms play a key role in ensuring the healthy growth of the ecosystem. However, in some cases, manual intervention may be required. In particular:

**Buyback & Burn transactions:** Reducing the circulating supply by buying back and burning some of the tokens in the market. Special events and campaigns: Promotional burns to increase community participation or draw attention to different areas of the ecosystem. Other transactions that require manual burning: Burns carried out in line with special projects, strategic planning or community feedback. In order to make all transactions easy, transparent and traceable for such situations, we have developed an advanced tool called Burn Tool.

*What is Burn Tool and Why is it Important? Burn Tool is a solution that aims to facilitate the token burning process for both users and the Ivy Live ecosystem. Thanks to this tool, manual burning transactions can be carried out faster and more efficiently, while at the same time, all burning transactions are tracked transparently.*

## **Main Advantages of Burn Tool:**

**Ease of Use for Manual Burns:** Users can complete token burning transactions quickly. This provides a great advantage especially in strategic transactions such as buyback & burn.

**Ability to Track All Burns:** Burn Tool records all burn transactions performed in the past. Thus, each burn transaction in the ecosystem can be examined transparently.

**Support for Deflationary Structure:** Burn Tool is a tool that strengthens the deflationary structure of IVY Token. It helps reduce supply by facilitating manual or special event-based burns.

**Increase Community Participation:** Burn Tool provides the IVY community with the opportunity to actively participate in burn operations. This gives the community the opportunity to directly support the growth of the ecosystem.

*How to Access Burn Tool? Burn Tool is designed to support the sustainability of the Ivy Live ecosystem and enhance the user experience. You can easily access Burn Tool by clicking the link below and perform your transactions quickly and securely.*

Click to Go to Burn Tool: [Burn Tool](https://burn.ivy.live/)


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