About the BNB burn mechanism, keep these points in mind:
1) In the Auto-Burn formula, the higher the BNB price in a given quarter, the fewer BNB are burned; the lower the price, the more are burned.
2) BEP-95 real-time burning went live at the end of 2021 with the Bruno hard fork and is independent of quarterly Auto-Burn.
3) Token burning only affects the supply side; when analyzing a token, you should also consider its actual use cases and market conditions.
The total supply of $BNB is gradually decreasing through quarterly burns and on-chain real-time burns. Currently 749.75.
#BNB
Crypto assets are highly volatile, so don’t take too large a position.
1) In the Auto-Burn formula, the higher the BNB price in a given quarter, the fewer BNB are burned; the lower the price, the more are burned.
2) BEP-95 real-time burning went live at the end of 2021 with the Bruno hard fork and is independent of quarterly Auto-Burn.
3) Token burning only affects the supply side; when analyzing a token, you should also consider its actual use cases and market conditions.
The total supply of $BNB is gradually decreasing through quarterly burns and on-chain real-time burns. Currently 749.75.
#BNB
Crypto assets are highly volatile, so don’t take too large a position.