🐋 Beyond the money involved, there’s more to understand: BNB’s burn mechanism
In December 2021, BNB’s quarterly burn was replaced with the Auto-Burn mechanism, and the first Auto-Burn was completed in January 2022.
After block production on BNB Smart Chain sped up, some parameters in the Auto-Burn formula were adjusted to preserve the original approach to burning.
The total supply of $BNB is gradually reduced through quarterly burns and real-time on-chain burns.
It’s best to invest only what you can afford to lose.
Don’t use this as a basis for making decisions.
In December 2021, BNB’s quarterly burn was replaced with the Auto-Burn mechanism, and the first Auto-Burn was completed in January 2022.
After block production on BNB Smart Chain sped up, some parameters in the Auto-Burn formula were adjusted to preserve the original approach to burning.
The total supply of $BNB is gradually reduced through quarterly burns and real-time on-chain burns.
It’s best to invest only what you can afford to lose.
Don’t use this as a basis for making decisions.