Not an economist, but in crypto, "coin burns" are a regular occurrence where a percentage of supply is destroyed, typically by sending to a public address for which the corresponding private key is proven unknown.
The result is intended to be a rise in price, benefiting all holders. It can be uncertain to assess whether a resultant rise in price is actually due to a coin burn, but given a coins supply is commonly used as a valuer, it's plausible.
The result is intended to be a rise in price, benefiting all holders. It can be uncertain to assess whether a resultant rise in price is actually due to a coin burn, but given a coins supply is commonly used as a valuer, it's plausible.