BNB Chain has completed its 21st BNB burn and last quarterly burn of 2022. The burn includes the Auto-Burn feature, Pioneer Burn Program, and a portion of gas fees burned in every transaction.
Here are the facts and figures from our latest burn:
Total BNB burned: 2,065,152.42 BNB
Approximate value in USD: ~$574,800,583.92 USD
Transaction ID (TXID) for BNB burn: View transaction
BNB burned from the Pioneer Burn Program: 4,833.25 BNB
Since the launch of BNB and Binance in 2017, we're committed to removing 100 million BNB, or half of the total supply, from circulation, through a burning process. The number of tokens removed is automatically calculated according to the Auto-Burn formula. This burn mechanism was introduced in the last quarter of 2021.
The BNB Auto-Burn provides an independently auditable, objective process independent of the Binance centralized exchange. On top of that, BNB Chain still continues to burn a portion of BNB Chain’s gas fees in real time.
You can find the real-time BNB burning information on bnbburn.info, a third-party website built by the BNB community.
