Here are a few things to remember about the BNB burn mechanism:
1) In December 2021, BNB’s quarterly burns switched to the Auto-Burn mechanism, and the first Auto-Burn was completed in January 2022.
2) Burned BNB is sent to an address no one can access. Each burn can be verified on-chain.
3) Token burns only affect the supply side. To evaluate a token, you also need to consider demand and the broader environment.
The total supply of $BNB gradually decreases through quarterly burns and real-time on-chain burns.
1) In December 2021, BNB’s quarterly burns switched to the Auto-Burn mechanism, and the first Auto-Burn was completed in January 2022.
2) Burned BNB is sent to an address no one can access. Each burn can be verified on-chain.
3) Token burns only affect the supply side. To evaluate a token, you also need to consider demand and the broader environment.
The total supply of $BNB gradually decreases through quarterly burns and real-time on-chain burns.