How is BNB burned? Many people can't explain it clearly!
BEP-95's real-time burn went live with the Bruno hard fork at the end of 2021. It's a separate mechanism from the quarterly Auto-Burn.
The two burns are based on different things: quarterly Auto-Burn depends on the price and number of blocks produced, while BEP-95 depends on how much Gas is actually used on-chain—the more active the chain, the more is burned.
Knowledge can help you avoid some pitfalls, but it can't replace position management.
$BNB 754 (+1.52%)
#BNB
This is not investment advice of any kind. You are responsible for your own gains and losses.
BEP-95's real-time burn went live with the Bruno hard fork at the end of 2021. It's a separate mechanism from the quarterly Auto-Burn.
The two burns are based on different things: quarterly Auto-Burn depends on the price and number of blocks produced, while BEP-95 depends on how much Gas is actually used on-chain—the more active the chain, the more is burned.
Knowledge can help you avoid some pitfalls, but it can't replace position management.
$BNB 754 (+1.52%)
#BNB
This is not investment advice of any kind. You are responsible for your own gains and losses.
