Unlike most blockchain networks where fees are paid to validators or miners, the XRP Ledger permanently destroys all transaction fees. This burn mechanism is fundamental to XRPL economic design.
Every standard transaction burns 10 drops (0.00001 XRP). Since the ledger launch in 2012, more than 14.3 million XRP have been removed from circulation — forever. This number grows with every transaction processed on the network.
XRPL uses a Proof-of-Association consensus model. Validators are not rewarded with fees — they participate to support network decentralization and reliability. By burning fees instead of distributing them, the protocol avoids creating perverse incentives where validators might prefer periods of high congestion.
The total supply of XRP was fixed at 100 billion at genesis. Every burned fee permanently reduces that supply. As XRPL adoption grows, the burn rate increases. Discussions about XRP native staking in 2026 may introduce new fee types flowing to a rewards pool rather than being burned.
Taken possession of my entire soul, like these sweet mornings of spring which i enjoy with my whole.
Taken possession of my entire soul, like these sweet mornings of spring which i enjoy with my whole.
Taken possession of my entire soul, like these sweet mornings of spring which i enjoy with my whole.
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