How is BNB burned? Don’t worry, here’s the explainer:
The amount burned each quarter by Auto-Burn is calculated using a formula, based mainly on BNB’s price that quarter and the number of blocks produced on BNB Smart Chain.
After block production on BNB Smart Chain sped up, the parameters in the Auto-Burn formula were adjusted to preserve the original approach to burning.
When I first got into crypto, I thought understanding candlestick charts was enough. Later, I realized that learning the rules is really lesson one.
$BNB 744.71（-0.27%）
#BNB
The amount burned each quarter by Auto-Burn is calculated using a formula, based mainly on BNB’s price that quarter and the number of blocks produced on BNB Smart Chain.
After block production on BNB Smart Chain sped up, the parameters in the Auto-Burn formula were adjusted to preserve the original approach to burning.
When I first got into crypto, I thought understanding candlestick charts was enough. Later, I realized that learning the rules is really lesson one.
$BNB 744.71（-0.27%）
#BNB