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BNB Chain completes its 36th quarterly BNB burn, destroying 1.6058 million BNB, worth about $932 million

PANews
PANews July 15, BNB Foundation announced that it has completed the 36th quarterly BNB burn. A total of 1,615,827.795 BNB were destroyed, worth approximately $932 million at the time’s price, and the burn transaction has been posted on-chain for public viewing. The official said that BNB advances its deflationary goal through a dual mechanism: the Auto-Burn mechanism and real-time burns based on gas fees. In the long term, it plans to gradually reduce the total BNB supply from the current approximately 133 million to 100 million.
BNB1.71%
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