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CHA 2024 Group

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Lukas Müller
Lukas Müller

Feeling a bit stuck with my token supply—any advice?

Honestly, I think I might have gone a bit overboard with the initial minting for my project. I’m trying to create some deflationary pressure to keep the community happy, but the technical side of manually destroying tokens feels a bit tricky and, frankly, a bit scary. I’m not a dev, so I’m worried about messing up the smart contract. Does anyone have a solid, low-stress way to handle this?

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Dmitry Siversky
Dmitry Siversky
Jan 25

I totally get where you're coming from; I was in the exact same spot a few months ago. It’s honestly pretty tricky when you’re staring at a huge supply and worrying about the "how-to" without breaking anything. I spent way too much time overthinking the code until I realized there are tools that handle the heavy lifting for you. What helped me find some peace of mind was using an ETH burn https://20lab.app/tools/erc20/burn-tokens/ethereum/ to manage the process.

It has a native burn option that actually updates the total supply on the contract, which is a solid way to keep everything transparent for your holders. Once that’s set up, you can basically just relax and enjoy the "vibe" of your project instead of stressing over technicalities. It definitely made my life easier and let me focus back on the community.

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