Where does some of the gas fee paid for transfers on BNB Chain go?
First, a quick definition: In the Auto-Burn formula, the higher the price of BNB during a quarter, the fewer BNB are burned; the lower the price, the more are burned.
Here’s why: After block production sped up on BNB Smart Chain, the parameters of the Auto-Burn formula were adjusted to preserve the original burn design.
The total supply of $BNB is gradually reduced through quarterly burns and real-time on-chain burns.
Be skeptical of projects that promise stable, high returns.
#BNB
First, a quick definition: In the Auto-Burn formula, the higher the price of BNB during a quarter, the fewer BNB are burned; the lower the price, the more are burned.
Here’s why: After block production sped up on BNB Smart Chain, the parameters of the Auto-Burn formula were adjusted to preserve the original burn design.
The total supply of $BNB is gradually reduced through quarterly burns and real-time on-chain burns.
Be skeptical of projects that promise stable, high returns.
#BNB