| description |
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Token Removal |
Annihilating tokens is the act of approving Unwanted to initiate a transaction to send one or more ERC20, or ERC721 and equal tokens into an EVM Zero Address. An EVM Zero Address is a special address that was created during the Genesis Block.
The Genesis block is a special block that was mined by the EVM itself and therefore is associated with the account 0x0000000000000000000000000000000000000000. It's impossible to generate the private key for this address and people can use it as a proof-of-burn account on EVM blockchains. This essentially casts the tokens away making them unretrievable forever.
Unwanted chose to use GENESIS 08 for Annihilation.
Address: 0x0000000000000000000000000000000000000008
https://etherscan.io/address/0x0000000000000000000000000000000000000008
This address exists on all EVM Based Blockchains