User guidesAsset servicing
Burn assets
Permanently remove units of a security from circulation.
Burning permanently removes units from circulation and reduces total supply. This is the on-chain equivalent of share cancellation or bond redemption.
Common use cases:
- Redemptions - Cancelling units when investors exit a fund or redeem bonds at maturity
- Buybacks - Retiring shares after a repurchase program
- Regulatory enforcement - Removing assets from non-compliant holders
- Error correction - Reversing erroneous issuances (with proper authorization)
Irreversible action
Burning is permanent and cannot be undone.
Prerequisites
SUPPLY_MANAGEMENT_ROLEfor the asset (check Permissions tab)- Target addresses must hold sufficient unfrozen balance
Steps
Open burn dialog
Navigate to the asset page and open the Holders tab. Click the ... (actions) dropdown on the holder row you want to burn from, then select Burn.
### Confirm Review the supply change and authenticate with PIN/OTP.
Verify totals
Return to the Asset details tab to confirm Total burned reflects the cumulative amount burned for the asset. The totals update from indexed supply history, so allow a short refresh if needed.
Troubleshooting
| Issue | Solution |
|---|---|
| Burn button disabled | Verify SUPPLY_MANAGEMENT_ROLE assignment |
| Insufficient balance | Check holder's available (unfrozen) balance |
| Amount exceeds available | Some assets may be frozen by custodian |