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From The Wind Waker Randomizer

At the core of the Solana Burn Address is the concept of permanently eliminating a portion of the distributing supply of SOL tokens. This method entails sending tokens to an address from which they can easily certainly never be actually recovered or utilized once more. The primary purpose behind this burn device is actually to create sparsity and, as a result, steer up the worth of the continuing to be tokens.

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