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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