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BNB Chain Completes 35th Quarterly Token Burn, Reducing Supply to 134.79 Million BNB
BNB Chain has successfully completed its 35th quarterly token burn, removing 1,569,307.34 BNB from circulation, thereby reducing the total supply to 134,786,916.53 BNB. This burn is part of BNB's Auto-Burn mechanism, which aims to gradually decrease the total supply to 100 million BNB. The burn amount is adjusted based on BNB's price and the number of blocks generated on BSC during a quarter, ensuring transparency and predictability.
Key points
- BNB Chain's 35th quarterly token burn reduces total supply to 134.79 million BNB.
Sources
AI-generated from public news sources. Not financial advice.
