Burning G$ refers to the process of permanently removing G$ tokens from circulation. This process is often used by cryptocurrency projects to reduce the total supply of tokens and, theoretically, increase their value.
A burn address is a special type of address that receives tokens but doesn't allow them to be spent or moved. In other words, once the G$ tokens are sent to a burn address, they are effectively removed from circulation.
GoodDollar's burn address is 0x0000000000000000000000000000000000000000 on Ethereum Mainnet. Double-check that you're in the right network before sending your tokens.
By following these steps, you can burn G$ tokens and reduce their total supply. This can help increase the value of the remaining tokens by making them scarcer and more valuable.