A public address with no known key, so tokens sent there cannot be moved.
How to check it yourself
- Look up 0x000000000000000000000000000000000000dEaD on the chain's explorer.
- Check that it only receives tokens and never sends them.
- Compare it with the zero address, which some tokens also use for burns.
Sources
- academy.haasonline.comhttps://academy.haasonline.com/glossary/token-burn
- transak.comhttps://transak.com/blog/what-does-it-mean-to-burn-crypto-token-burning-explained
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