diff --git a/docs/liquid/liquid-part2.md b/docs/liquid/liquid-part2.md
index cb3ccb0..09f42a9 100644
--- a/docs/liquid/liquid-part2.md
+++ b/docs/liquid/liquid-part2.md
@@ -25,7 +25,7 @@ Looking up this value on [https://blockstream.info/liquid/assets](https://blocks
 
 ![](1-part2-assets.png)
 
-This shows us the total amount of L-BTC in circulation, additionally we can see how much was Pegged-In and Out. Most notably, 
+This shows us the total amount of L-BTC in circulation, additionally we can see how much was Pegged-In, Out, and Burned. Most notably, this confirms that everything is in balance. The Circulating Supply = (PEG_IN - PEG_OUT - BURNED). No inflation happening. 
 
 ### Issuing our own Asset