GLOSSARY

Buy and Burn

February 19, 2026
[1 min read]
A mechanism where protocol revenue is used to purchase tokens from the market and permanently remove them from circulation.

A mechanism where protocol revenue is used to purchase tokens from the market and permanently remove them from circulation.

Related Glossaries

Proof of Coverage (PoC)

A consensus mechanism that verifies wireless hotspots are providing legitimate network coverage in their claimed locations.

Coverage Map

A visual representation of the geographic areas served by a wireless DePIN network.

IoT (Internet of Things)

The network of physical devices embedded with sensors and connectivity, enabling them to collect and exchange data.
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