Azbit AZ: Coin Burn
To date, the number of AZ has been reduced to 90% of the initial supply. Azbit team will eliminate native coins from circulation until 10% of the initial supply remains on the market.
A coin burn is a process of sending a certain amount of cryptocurrency to a public address that private keys are unobtainable. Sent coins in the future can't be spent, thus coin burn leads to an overall decrease in the amount of cryptocurrency involved in circulation.