It’s 2am in the morning, you decide to check your Phantom wallet - because why not – surprisingly, you have suddenly received some suspect NFTs, fear not!!
In this article I would introduce the concept of “burning” and how you can make a little profit from suspect NFTs.
What is Burning?
Burning an NFT means permanently destroying the token and removing it from your wallet. This feature was added to combat the increasing number of fraudulent attempts to access peoples accounts through sending of Mint free NFTs.
HOW TO BURN AN NFT
First off, connect your wallet to the Step Finance dashboard at app.step.finance, click on the “Connect Wallet” button shown and voila you have your wallet connected (if you are not using phantom wallet, you can copy and paste your Solana wallet address from the wallet of your choice) .
After your assets are loaded, locate the unpurchased NFTs, this would be displayed in the NFT section of the app. Choose the NFT you wish to “burn” from the list of available assets and click on the dropdown menu, click on the “Burn and Sign” option and voila your transaction is completed.

HOW TO MAKE A PROFIT FROM SUSPECT NFTS
After burning, you can then reclaim an amount of SOL from the transaction.
According to a blogpost from the Phantom team, most NFTs and tokens will give you 0.002 SOL upon burning.
REMEMBER, every little bit counts in the crypto world, so instead of letting those scammy tokens go to waste, go ahead and turn it to dust (gold) – profit.
Keep STEPPing.