Cryptocurrency Q&A
What is the BNB burn policy?
What is the BNB burn policy?
Giuseppe
Sun Mar 09 2025
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6
answers
1533
The BNB burn policy refers to the practice of permanently removing BNB tokens from circulation, which is implemented by Binance to reduce the total supply of BNB and potentially increase its value. This policy involves two main mechanisms: the quarterly BNB burns based on the exchange's profits, and the real-time burning of BNB used as gas fees on the Binance Smart Chain. The goal is to eventually reduce the total supply of BNB to 100 million tokens.
6 answers
CryptoWizardry
Tue Mar 11 2025
The quantity of BNB burned is dynamically calculated.
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alexander_watson_astronaut
Tue Mar 11 2025
BNB utilizes an innovative Auto-Burn mechanism to systematically decrease its overall supply.
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BlockchainBaron
Tue Mar 11 2025
The ultimate goal of this system is to cap the total number of BNB at 100,000,001.
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MountFujiMysticalView
Mon Mar 10 2025
This calculation takes into account BNB's market price.
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isabella_oliver_musician
Mon Mar 10 2025
Additionally, the number of blocks produced on Binance Smart Chain (BSC) during a particular quarter is also factored in.
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