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