Blockchain Industry | How Is BNB Burned?
The amount burned each quarter through Auto-Burn is calculated using a formula, which depends mainly on BNB's price during that quarter and the number of blocks produced by BNB Smart Chain.
After block production on BNB Smart Chain sped up, the parameters in the Auto-Burn formula were adjusted to preserve the original burn design.
The total supply of $BNB gradually decreases through quarterly burns and real-time on-chain burns. It currently stands at 740.8.
Don't rush into placing an order just because everyone around you is doing it.
The amount burned each quarter through Auto-Burn is calculated using a formula, which depends mainly on BNB's price during that quarter and the number of blocks produced by BNB Smart Chain.
After block production on BNB Smart Chain sped up, the parameters in the Auto-Burn formula were adjusted to preserve the original burn design.
The total supply of $BNB gradually decreases through quarterly burns and real-time on-chain burns. It currently stands at 740.8.
Don't rush into placing an order just because everyone around you is doing it.