How is BNB burned?
BNB was first launched in 2017, with an initial total supply of 200 million coins, and the ultimate goal is to reduce the total supply to 100 million through burns.
In the Auto-Burn formula, the higher the BNB price in a given quarter, the fewer BNB coins are burned; the lower the price, the more coins are burned.
The most important point to remember when managing funds: when looking at burn announcements, use the official BNB announcements and on-chain data as the standard, and do not rely only on secondhand information.
$BNB 749.68 (+0.85%)
For personal reference only, not as a basis for trading.
BNB was first launched in 2017, with an initial total supply of 200 million coins, and the ultimate goal is to reduce the total supply to 100 million through burns.
In the Auto-Burn formula, the higher the BNB price in a given quarter, the fewer BNB coins are burned; the lower the price, the more coins are burned.
The most important point to remember when managing funds: when looking at burn announcements, use the official BNB announcements and on-chain data as the standard, and do not rely only on secondhand information.
$BNB 749.68 (+0.85%)
For personal reference only, not as a basis for trading.