BNB Completes 32nd Quarterly Burn, Worth Approximately $1.024 Billion
The $BNB Foundation announced the completion of its 32nd quarterly burn, totaling 1,595,599.78 $BNB, worth approximately $1,024,000,000.00. This includes 1,595,470.69 $BNB actually burned and 129.10 $BNB burned through the Pioneer Burn Program. After this burn, the total supply of $BNB remaining is 139,289,513.94, and the burned tokens have been sent to a black hole address. In addition, $BNB also implements a real-time burn mechanism that destroys transaction fees based on blocks. Since the introduction of BEP95, approximately 265,000 $BNB have been burned through this mechanism. This burn also includes the Pioneer Burn Program, which is used to compensate users for losses caused by operational errors. [Odaily Planet Daily]
BNB Completes 32nd Quarterly Burn, Worth Approximately $1.024 Billion
The BNB Foundation announced the completion of its 32nd quarterly burn, totaling 1,595,599.78 BNB, worth approximately $1,024,000,000.00. This includes 1,595,470.69 BNB actually burned and 129.10 BNB burned through the Pioneer Burn Program. After this burn, the total supply of BNB remaining is 139,289,513.94, and the burned tokens have been sent to a black hole address. In addition, BNB also implements a real-time burn mechanism that destroys transaction fees based on blocks. Since the introduction of BEP95, approximately 265,000 BNB have been burned through this mechanism. This burn also includes the Pioneer Burn Program, which is used to compensate users for losses caused by operational errors. [Odaily Planet Daily]
