Skip to content
Bread Docs

How to Burn $BREAD

Burning redeems your $BREAD back to xDAI at a 1:1 ratio. There is no penalty, no waiting period, and no minimum amount.

You’ll need a wallet connected to the Solidarity Fund app with $BREAD in it. If you haven’t connected yet, see Connecting a Wallet.

Steps

Section titled “Steps”
  1. Open the Burn tab.
  2. Enter the amount of $BREAD you want to burn.
  3. Click Burn. You’ll be asked if you’d rather wrap your $BREAD into Wrapped xDAI instead. This keeps your funds circulating in the network rather than withdrawing them. If you want to withdraw, continue with Burn.
  4. Review the transaction before signing:
    • The $BREAD amount going in matches what you entered
    • The xDAI amount coming out matches, 1 for 1
    • The action is labelled “burn”
  5. Sign the transaction. It should confirm within a few seconds.

Network fees

Section titled “Network fees”

Transactions on Gnosis Chain may carry a small network fee, shown before you sign. The default fee is fine to leave as-is.

Questions? Ask in the Bread Cooperative Discord and tag a moderator.