Every quarter, we see “BNB completes another burn.” How is the amount burned calculated?
The BNB to be burned is sent to a burn address that no one can access. Each burn can be verified on-chain.
Token burns only affect the supply side. When evaluating a token, you also need to consider demand and overall market conditions.
The total supply of $BNB is gradually reduced through quarterly burns and real-time on-chain burns.
Have you run into similar pitfalls? Share your experiences to help others avoid them.
#BNB
I may not be right, so don’t take this as advice.
The BNB to be burned is sent to a burn address that no one can access. Each burn can be verified on-chain.
Token burns only affect the supply side. When evaluating a token, you also need to consider demand and overall market conditions.
The total supply of $BNB is gradually reduced through quarterly burns and real-time on-chain burns.
Have you run into similar pitfalls? Share your experiences to help others avoid them.
#BNB
I may not be right, so don’t take this as advice.