Knowledge Notes | BNB Burn Mechanism
① BNB was first launched in 2017, with an initial total supply of 200 million. The ultimate goal is to reduce the total supply to 100 million through burns.
② Under BEP-95, each block on BNB Smart Chain directly burns a certain proportion of the Gas fees collected.
③ When checking burn updates, rely on official BNB announcements and on-chain data, and don’t blindly trust secondhand reports.
$BNB 742.75（-0.38%）
① BNB was first launched in 2017, with an initial total supply of 200 million. The ultimate goal is to reduce the total supply to 100 million through burns.
② Under BEP-95, each block on BNB Smart Chain directly burns a certain proportion of the Gas fees collected.
③ When checking burn updates, rely on official BNB announcements and on-chain data, and don’t blindly trust secondhand reports.
$BNB 742.75（-0.38%）