Binance 1st Quarter BNB Burn Event
In accordance with our whitepaper, each quarter, we will burn BNB based on our trading volume until 50% of all BNB is burned. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining.
Based on our 1st quarter trading volume, we have burned 986,000 BNB. The burn record is public on the blockchain.
You can also see the current total supply has decreased by 986,000 BNB: https://etherscan.io/token/0xb8c77482e45f1f44de1745f52c74426c631bdd52
Here is a video of the burn process:https://www.youtube.com/watch?v=Da2pRlOELr8&feature=youtu.be
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