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How Mon Incinerator Works (Compared to Solana Token Burning)

Mon Incinerator is the first dedicated token burn tool built for the Monad blockchain. It allows users to burn any ERC-20 or LP token through a simple, decentralized, on-chain process. But how does it work under the hood? And how does Monad’s burn mechanism compare to Solana?

πŸ”§ How Mon Incinerator Works

Token burning on Monad is made possible through a smart contract that performs one core function:

  • burnTokens() β€” removes tokens from the circulating supply and records a permanent burn event

Since Monad uses the EVM-compatible ERC-20 standard, the burn process is extremely lightweight, requiring only an approval transaction followed by the burn execution.

πŸ”₯ How It Compares to Solana Token Burning

βœ” Key Differences Between Monad and Solana

FeatureMonad (Mon Incinerator)Solana (SPL Burning)
Token SystemERC-20 standard β€” no separate token accountsSPL token accounts requiring rent
Rent RefundNo rent model in ERC-20; no refund involvedToken account rent can be reclaimed when burned
VerificationSolidity events + MonadVision explorerInstruction logs + SolScan
Txs RequiredApproval + BurnSingle Burn Transaction

βœ” Similarities Between Both Chains

  • Burns are permanent and cannot be reversed
  • All burns can be publicly verified on-chain

πŸ§ͺ Why Developers Use Mon Incinerator

  • Proof-of-burn events for transparency
  • LP-token burning to permanently lock liquidity
  • Supply reduction mechanisms
  • Community trust-building for projects

Updated: November 2025

πŸ”— Related Guides:
How to Burn Tokens on Monad (2025 Guide)
Burn Liquidity Pool Tokens on Monad
How to Burn NFTs on Monad