BNB Chain Slashes Supply Again — $1.02B Gone in 32nd Burn!
Over 1,595,599 BNB were burnt, according to the BNB Foundation.
Over 1,596,134 BNB is expected from the following burn.
BNB Foundation announced BNB Chain's 32nd quarterly BNB token burn on July 10.
Official BNB Chain 32nd Burn Details
The official BNB Chain announcement included these details:
Over 1,595,599 BNB were burnt, worth $1.024 billion.
The Pioneer blaze scorched over 129 BNB, while the real blaze burned over 1,595,470 BNB.
The BNB burn transaction ID is: 0x6e8b15a99eac623219c6439f95810a6cc8dccd8c15aea648ce17f45f57601065.
Transaction charge for 32nd burn was 0.0000021 BNB.
The gas price was 0.1 Gwei.
The Q3 2025 burn is predicted to be worth about 1,596,134 BNB.
The remaining supply exceeds 139,289,513 BNB.
Details about BNB Burn Mechanism
BNB Chain said in its official release that BNB token switched from Ethereum to BNB Chain with the “Build and Build” attitude following the mainnet launch in April 2019.
BNB uses Auto-Burn to progressively decrease its supply to 100 million BNB. For transparency and predictability, the burn amount is modified depending on BNB price and BSC block generation throughout a quarter.
The BNB Auto-Burn procedure is auditable and objective, with quarterly reports. The Binance crypto exchange does not control this process.
Due to the BNB Chain Fusion, BSC will burn this quarter and next quarter, sending the BNB value to the blackhole address: 0x00000000000000000000000000000000dEaD.
After the Lorentz and Maxwell improvements, BSC produces blocks more often than when the Auto-Burn system was developed, and the formula parameters have been changed for uniformity.
BSC validators calculate the percentage of gas fees received on each block, which is consumed at a predetermined rate in real time. Since BEP95, this mechanism has burnt 265,000 BNB.
The BNB Pioneer Burn Program covers mistakes-related BNB and pegged token losses with quarterly burn events.
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