In addition to redemption, the following burn_type values are supported to cover various operational and lifecycle use cases:
redemption
burn_type
Indicates the gold was physically redeemed by the owner.
invalidated
GCT is burned due to error, duplication, or fraud.
consolidation
Used to merge multiple GCTs or remove intermediate representations.
migration
The GCT is deprecated in favor of a newer protocol or upgraded format.
retired
The GCT is intentionally removed from circulation for symbolic reasons.
test
The GCT was created for testing purposes and is not considered valid.
Last updated 10 months ago