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coinpedia 2024-07-22 11:31:28

$971M Worth of BNB Tokens Burnt In 28th Quarterly Token Burn

The post $971M Worth of BNB Tokens Burnt In 28th Quarterly Token Burn appeared first on Coinpedia Fintech News The BNB Foundation recently announced the completion of its 28th quarterly BNB token burn to manage its token supply and bolster its price action over time. This quarter saw 1,643,698.8 BNB token burns, valued at around $971 million. BNB’s Auto-Burn system aims to gradually decrease the total supply of the token to 100,000,000. This system …

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