I came across this point while going through my notes, so I’m sharing it here.
Under BEP-95, a portion of the gas fees received in every BNB Smart Chain block is burned directly.
After block production on BNB Smart Chain sped up, the parameters in the Auto-Burn formula were adjusted to maintain the original approach to burning.
The total supply of $BNB is gradually decreasing through quarterly burns and real-time on-chain burns. It currently stands at 741.18.
What do you make of this? Feel free to discuss in the comments.
#BNB
Under BEP-95, a portion of the gas fees received in every BNB Smart Chain block is burned directly.
After block production on BNB Smart Chain sped up, the parameters in the Auto-Burn formula were adjusted to maintain the original approach to burning.
The total supply of $BNB is gradually decreasing through quarterly burns and real-time on-chain burns. It currently stands at 741.18.
What do you make of this? Feel free to discuss in the comments.
#BNB