The Maximum Supply for BNB is deliberately set lower than the Total Supply due to its unique deflationary tokenomics. Binance has implemented a mechanism to burn tokens periodically until the Total Supply is reduced to 100 million, which represents the Maximum Supply—the fixed upper limit for the number of tokens that will remain after all planned burns are completed. As no new tokens will be minted, the burning process will continue until this limit is reached. The Total Supply reflects the total number of tokens that exist at present, while the Maximum Supply represents the final target after all planned token burns are completed. This approach accurately represents BNB’s distinctive supply model.
2024-08-01: The BNB Chain is currently in the midst of the BNB Beacon Chain's "Second Sunset Fork" phase. This stage involves migrating assets from the BNB Beacon Chain to the BNB Smart Chain (BSC). Previous steps, such as completing the automatic refund of locked assets on the BNB Beacon Chain, have been finalized. The asset migration process is still ongoing, and it is crucial for stakeholders to complete necessary actions to ensure a smooth transition. For more details, visit the BNB Chain Fusion page.
