BNB Chain Burns $932 Million Worth of BNB in 36th Quarterly Burn


BNB Chain has completed its 36th quarterly BNB burn, permanently removing more than 1.6 million BNB from circulation.
* A total of 1,615,827.795 BNB was burned.
* The burned tokens were worth approximately $932 million at the time of the transaction.
* The burn has been permanently recorded on chain and is publicly verifiable.
* BNB's deflationary model combines Auto Burn with real-time gas fee burns.
* The long term objective is to reduce BNB's total supply from around 133 million to 100 million tokens.
The latest burn continues BNB Chain's strategy of gradually reducing token supply through its automated deflationary mechanism
#ETHStandsAbove1900 #USDTDepositEarningsDoublePlay #USEndsLatestStrikesOnIran $BTC
BTC-1.40%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned