> For the complete documentation index, see [llms.txt](https://ninja-squad.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ninja-squad.gitbook.io/whitepaper/tokenomics/token-burning-and-utility.md).

# Token Burning & Utility

In the Ninja Traders ecosystem, token burning plays a vital role in maintaining the value and sustainability of $NST tokens. Following the utilization of tokens for various utilities within the platform, a significant portion of these tokens is systematically burned. To date, a total of 1,350,000 tokens have been burned, effectively reducing the overall token supply and enhancing the scarcity of $NST tokens. Token burning serves multiple purposes within the ecosystem. Firstly, it helps regulate the token supply, ensuring that it remains aligned with the growing demand and utility of $NST tokens. By reducing the circulating supply, token burning creates a deflationary pressure, which can potentially lead to increased token value over time. \
\
Furthermore,token burning enhances the token's scarcity, making it more desirable.