Someone asked: How is BNB burned?
My answer: Under the Auto-Burn formula, the higher the price of BNB that quarter, the fewer BNB are burned; the lower the price, the more are burned. The two burns are based on different factors: quarterly Auto-Burn depends on the price and number of blocks produced, while BEP-95 depends on how much Gas is actually consumed on-chain—the more active the chain, the more is burned.
$BNB 741.35（+2.19%）
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My answer: Under the Auto-Burn formula, the higher the price of BNB that quarter, the fewer BNB are burned; the lower the price, the more are burned. The two burns are based on different factors: quarterly Auto-Burn depends on the price and number of blocks produced, while BEP-95 depends on how much Gas is actually consumed on-chain—the more active the chain, the more is burned.
$BNB 741.35（+2.19%）
If you found this helpful, save it to revisit later.