Study Notes | BNB Burn Mechanism
① In the Auto-Burn formula, the higher the BNB price that quarter, the fewer BNB are burned; the lower the price, the more are burned.
② The amount burned by Auto-Burn each quarter is calculated using a formula based on the BNB price that quarter and the number of blocks produced on BNB Smart Chain.
③ When checking burn announcements, rely on official BNB announcements and on-chain data, and don't trust secondhand information.
$BNB 745.01(-0.0094%)
#BNB
① In the Auto-Burn formula, the higher the BNB price that quarter, the fewer BNB are burned; the lower the price, the more are burned.
② The amount burned by Auto-Burn each quarter is calculated using a formula based on the BNB price that quarter and the number of blocks produced on BNB Smart Chain.
③ When checking burn announcements, rely on official BNB announcements and on-chain data, and don't trust secondhand information.
$BNB 745.01(-0.0094%)
#BNB