diff --git a/nucypher/blockchain/eth/sol/source/contracts/Issuer.sol b/nucypher/blockchain/eth/sol/source/contracts/Issuer.sol
index 7fd2f7a5f..11248cbda 100644
--- a/nucypher/blockchain/eth/sol/source/contracts/Issuer.sol
+++ b/nucypher/blockchain/eth/sol/source/contracts/Issuer.sol
@@ -6,6 +6,7 @@ import "zeppelin/math/SafeMath.sol";
 import "zeppelin/math/Math.sol";
 import "contracts/proxy/Upgradeable.sol";
 import "contracts/lib/AdditionalMath.sol";
+import "zeppelin/token/ERC20/SafeERC20.sol";
 
 
 /**
@@ -13,9 +14,11 @@ import "contracts/lib/AdditionalMath.sol";
 * @dev |v1.1.2|
 */
 contract Issuer is Upgradeable {
+    using SafeERC20 for NuCypherToken;
     using SafeMath for uint256;
     using AdditionalMath for uint32;
 
+    event Burnt(address indexed sender, uint256 value);
     /// Issuer is initialized with a reserved reward
     event Initialized(uint256 reservedReward);
 
@@ -97,14 +100,14 @@ contract Issuer is Upgradeable {
     /**
     * @notice Initialize reserved tokens for reward
     */
-    function initialize() public onlyOwner {
+    function initialize(uint256 _reservedReward) public onlyOwner {
         require(currentSupply1 == 0);
+        token.safeTransferFrom(msg.sender, address(this), _reservedReward);
         currentMintingPeriod = getCurrentPeriod();
-        uint256 reservedReward = token.balanceOf(address(this));
-        uint256 currentTotalSupply = totalSupply - reservedReward;
+        uint256 currentTotalSupply = totalSupply - _reservedReward;
         currentSupply1 = currentTotalSupply;
         currentSupply2 = currentTotalSupply;
-        emit Initialized(reservedReward);
+        emit Initialized(_reservedReward);
     }
 
     /**
@@ -169,6 +172,16 @@ contract Issuer is Upgradeable {
         currentSupply2 = currentSupply2 - _amount;
     }
 
+    /**
+    * @notice Burn sender's tokens. Amount of tokens will be returned for future minting
+    * @param _value Amount to burn
+    */
+    function burn(uint256 _value) public {
+        token.safeTransferFrom(msg.sender, address(this), _value);
+        unMint(_value);
+        emit Burnt(msg.sender, _value);
+    }
+
     /**
     * @notice Returns the number of tokens that can be mined
     */
diff --git a/nucypher/blockchain/eth/sol/source/contracts/StakingEscrow.sol b/nucypher/blockchain/eth/sol/source/contracts/StakingEscrow.sol
index 2b51b9e72..90a1eb524 100644
--- a/nucypher/blockchain/eth/sol/source/contracts/StakingEscrow.sol
+++ b/nucypher/blockchain/eth/sol/source/contracts/StakingEscrow.sol
@@ -1,7 +1,6 @@
 pragma solidity ^0.5.3;
 
 
-import "zeppelin/token/ERC20/SafeERC20.sol";
 import "contracts/Issuer.sol";
 
 
@@ -37,7 +36,6 @@ contract WorkLockInterface {
 * @dev |v1.4.1|
 */
 contract StakingEscrow is Issuer {
-    using SafeERC20 for NuCypherToken;
     using AdditionalMath for uint256;
     using AdditionalMath for uint16;
 
diff --git a/nucypher/blockchain/eth/sol/source/contracts/WorkLock.sol b/nucypher/blockchain/eth/sol/source/contracts/WorkLock.sol
index 43e290265..9df9173e2 100644
--- a/nucypher/blockchain/eth/sol/source/contracts/WorkLock.sol
+++ b/nucypher/blockchain/eth/sol/source/contracts/WorkLock.sol
@@ -3,6 +3,7 @@ pragma solidity ^0.5.3;
 
 import "zeppelin/math/SafeMath.sol";
 import "zeppelin/utils/Address.sol";
+import "zeppelin/token/ERC20/SafeERC20.sol";
 import "contracts/NuCypherToken.sol";
 import "contracts/StakingEscrow.sol";
 
@@ -11,12 +12,15 @@ import "contracts/StakingEscrow.sol";
 * @notice The WorkLock distribution contract
 */
 contract WorkLock {
+    using SafeERC20 for NuCypherToken;
     using SafeMath for uint256;
     using Address for address payable;
 
+    event Deposited(address indexed sender, uint256 value);
     event Bid(address indexed staker, uint256 depositedETH, uint256 claimedTokens);
     event Claimed(address indexed staker, uint256 claimedTokens);
     event Refund(address indexed staker, uint256 refundETH, uint256 completedWork);
+    event Burn(address indexed sender, uint256 value);
 
     struct WorkInfo {
         uint256 depositedETH;
@@ -34,7 +38,7 @@ contract WorkLock {
     uint256 public refundRate;
     uint256 public minAllowableLockedTokens;
     uint256 public maxAllowableLockedTokens;
-    uint256 public allClaimedTokens;
+    uint256 public remainingTokens;
     uint16 public lockedPeriods;
     mapping(address => WorkInfo) public workInfo;
 
@@ -76,6 +80,16 @@ contract WorkLock {
         lockedPeriods = _lockedPeriods;
     }
 
+    /**
+    * @notice Deposit tokens to contract
+    * @param _value Amount of tokens to transfer
+    **/
+    function deposit(uint256 _value) public {
+        token.safeTransferFrom(msg.sender, address(this), _value);
+        remainingTokens += _value;
+        emit Deposited(msg.sender, _value);
+    }
+
     /**
     * @notice Bid for tokens by transferring ETH
     */
@@ -88,9 +102,7 @@ contract WorkLock {
         require(claimedTokens >= minAllowableLockedTokens && claimedTokens <= maxAllowableLockedTokens,
             "Claimed tokens must be within the allowed limits");
         newClaimedTokens = msg.value.mul(depositRate);
-        allClaimedTokens = allClaimedTokens.add(newClaimedTokens);
-        require(allClaimedTokens <= token.balanceOf(address(this)),
-            "Not enough tokens in the contract");
+        remainingTokens = remainingTokens.sub(newClaimedTokens);
         emit Bid(msg.sender, msg.value, newClaimedTokens);
     }
 
@@ -146,4 +158,15 @@ contract WorkLock {
         return remainingWork.sub(completedWork);
     }
 
+    /**
+    * @notice Burn unclaimed tokens
+    **/
+    function burnRemaining() public {
+        require(block.timestamp >= endBidDate, "Burning tokens allowed when bidding is over");
+        require(remainingTokens > 0, "There are no tokens that can be burned");
+        token.approve(address(escrow), remainingTokens);
+        escrow.burn(remainingTokens);
+        emit Burn(msg.sender, remainingTokens);
+    }
+
 }