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The 35th quarterly burn of the BNB coin has been completed, and a significantly larger amount has now been removed. In the last cycle, 1.56 million BNB was burned, which is approximately close to 1 billion dollars. As a result, the total supply now stands at 134.8 million BNB.
An interesting fact is that this burn mechanism is completely automated and operates based on network activity. The more blocks are created, the more BNB coins are taken out of circulation. In the long term, they are heading towards a supply of 100 million, and everything is verifiable on the chain.