Solana flip
February 5, 2025

Mint for 0.001 SOL, Burn for Up to 0.002 SOL – Possible Arbitrage Opportunity

There's a feature in Solana's NFT burning system where you can earn SOL by burning unnecessary tokens and NFTs in your wallet. Normally, the burn reward is around 0.01 SOL per token, but I recently noticed that this specific collection gives back a slightly higher return than expected when burned.

How It Works:

  1. Mint an NFT for 0.001 SOLMint Here
    • Click the "Mint" button.
    • Mint exactly 1 NFT at a time for 0.001 SOL.
  1. Burn the NFT for a return of 0.001 - 0.002 SOLBurn Here
    • Connect your wallet.
    • Select the NFT and initiate the burn transaction.

Important Notes:

  • If the burn reward is only 0.001 SOL, try minting another NFT and burning two at once to see if the return increases.
  • On average, it takes 2-3 NFTs for the best results.
  • This collection hasn’t been fully confirmed to be bugged, but it shares contract similarities with others that were.

Final Thoughts:

This isn’t financial advice—try at your own risk. The rewards fluctuate, and the contract behavior may change at any time. If you test it, use a burner wallet to stay safe.