I have been hiring people in this space for a number of years and I have never seen this level of professionalism. It really feels like you are working with a team that can get the job done.
All transaction fees on the XRP Ledger are permanently destroyed (burned). XRPL validators receive no fee rewards — the fee is simply removed from circulation forever, reducing total supply.
Since the XRP Ledger launched in June 2012, more than 14.3 million XRP have been permanently burned through transaction fees, gradually reducing the total supply of 100 billion XRP.
XRPL uses proof-of-association (PoA) consensus where validators are incentivized by supporting network decentralization rather than financial reward. Burning fees prevents centralization and maintains low-cost access.
Fee burn reduces circulating supply over time. At 10 drops per transaction the burn rate is modest, but scales with network adoption. It contributes to structural supply reduction over time.
The XRP Ledger fee burn is a deliberate design choice. Unlike Bitcoin or Ethereum validators who collect fees as income, every XRPL transaction fee is permanently removed from circulation. At 10 drops per transaction, a million transfers burn 10 XRP.
Transfer fees on issued tokens also involve burning. When a stablecoin issuer sets a 1% transfer fee, the fee collected when users exchange tokens is burned — reducing the issuer outstanding obligations proportionally.
I have been hiring people in this space for a number of years and I have never seen this level of professionalism. It really feels like you are working with a team that can get the job done.
I have been hiring people in this space for a number of years and I have never seen this level of professionalism. It really feels like you are working with a team that can get the job done.
