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$BNB Completing the 36th Quarterly Token Burn
The automated #BNB 36th quarterly burn has been completed on BNB Smart Chain (BSC), permanently removing 1.62 million $BNB, worth roughly $932 million, from circulation.
Previous burns (the 35th):
• 1,569,307.34 $BNB burned
• Worth roughly $1.02 billion at the time.
The tokens that were burned were sent to a blackhole (dead) address permanently, making them irrecoverable. BNB also has a real-time burn mechanism (BEP-95), where a portion of the gas fees from every block is continuously burned. The goal is to reduce the total BNB supply to 100 million coins over time.
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$BNB
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