A quick explainer: How is BNB burned?
Under 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.
Burning reduces the total supply of BNB. Its price is still determined by market supply and demand, as well as overall market conditions. Burning doesn’t mean the price can only go up.
The total supply of $BNB gradually decreases through quarterly burns and real-time on-chain burns. Currently: 741.78.
Understanding the mechanism can help you avoid pitfalls, but it can’t replace risk management.
#BNB
It’s your money—think carefully before you act.
Under 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.
Burning reduces the total supply of BNB. Its price is still determined by market supply and demand, as well as overall market conditions. Burning doesn’t mean the price can only go up.
The total supply of $BNB gradually decreases through quarterly burns and real-time on-chain burns. Currently: 741.78.
Understanding the mechanism can help you avoid pitfalls, but it can’t replace risk management.
#BNB
It’s your money—think carefully before you act.