No risk in burning as long as you are doing it through wallet and not connecting to some shady website :) you get around 0.002 sol back from rent, it quickly adds up :)
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Joined 1 year ago
Cake day: November 8th, 2023
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1·1 year agoProbably not but never trust links that other people give you. Use built in burn feature in your wallet and don’t connect your wallet to sites you don’t trust
Burning the nft inside the wallet is perfectly safe. In solflare you first mark them as spam and then you can bulk burn all of them. And yes, you get back rent money unless it’s compressed nft. Just never open websites that those scam nfts tell you, because websites will offer you to sign drainer transaction.
How these things work is basically transferring your active stake account to a smart contract and getting SOL in return instantly (minus some liquidity pool fee). The stake account (which is no longer yours) gets deactivated in a few days and that money goes back to liquidity pool. Marinade finance works the same and has similar fees.
step.finance