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BNB completes its 36th quarterly burn, totaling approximately 1.6158 million BNB, valued at approximately $913.7 million
BlockBeats, July 15: Today, BNB Chain completed its 36th quarterly BNB burn. A total of 1,615,827.795 BNB were burned, worth approximately $931.7 million at the time. This burn was executed via the on-chain Auto-Burn mechanism on the BSC chain, and the transaction hash has been made public. The remaining total BNB supply is approximately 133.17 million.
The goal of continuously reducing the total BNB supply is 100 million BNB, to strengthen its deflationary characteristics and support the growth of the BNB Chain ecosystem.