I didn’t think so at the time either. I ended up being able to sand the scorch mark through the gap and salvaging the yo-yo (though it wasn’t 100% the same). You could smell it and everything though - my kids thought it was cooler than it was lol.
No Jive axles are way easier to burn, and Russells & ProYos are even worse. You really need to cure those or break them in if you’re not just going to be doing light stall stuff or casual Planet Hops.