Osmosis to Hold Token Burn in October

Name: Token Burn
Start: 2025-10-01T00:00:00Z
End: 2025-11-01T00:00:00Z

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Osmosis plans to execute a burn of approximately 609,000 OSMO during October, as outlined in the September Taker Fee Burn proposal.

Event date: October 2025 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

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