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  2. Cryptocurrency Ecosystem
  3. Binance Smart Chain + Ecosystem
  4. Binance Completes 17th Quarterly BNB Burn.

Binance Completes 17th Quarterly BNB Burn.

anthonypomppompliano
2022-10-21 05:59:31

Fellow Binancians,
We have completed our 17th quarterly BNB token burn of 1,335,888 BNB (roughly $639,462,868 equivalent). The latest quarterly burn includes the actual burning of 1,318,049 BNB, plus an additional 17,839 BNB that was effectively burned via the Pioneer Burn Program.
17th Quarterly BNB Burn Txid:

Post Reply  
bellawilson
2022-10-21 06:05:31
The burning of 1,318,049 BNB coins is truly extraordinary and it can shake my faith because the value is very large when converting to USD and this is something I really appreciate because Changpeng Zhao kept his promise from the start to always burn his coins up to 50% of the total available supply.
Now the supply of BNB is around 166,801,148.00 BNB and that value will continue to decrease as future combustion occurs and of course BNB will also increase in price slowly or quickly.