🔥 BNB Chain Completes 32nd Quarterly Burn
The BNB Foundation has completed the 32nd BNB quarterly burn, continuing its mission to reduce total supply and support long-term value.
🧮 Burn Details:
• Total $BNB burned: 1,595,599.78
• Approx. USD value: ~$1.02B
• Included: 129.10 BNB via Pioneer Burn (user loss recovery)
⚙️ Why It Matters:
BNB’s Auto-Burn mechanism adjusts based on price and block production to maintain transparency. It’s part of the goal to reduce total supply to 100M BNB.
🚀 BNB plays a central role in the BNB Chain ecosystem: powering transactions, governance, and strategic reserves — now with faster blocks thanks to the Maxwell upgrade.
🔗 The burn took place on BSC and was sent to the blackhole address for permanent removal.