$BNB The BNB Foundation used the Auto-Burn mechanism introduced in BEP-95 to remove over 1.5 million BNB in ​​the current burn, while the Pioneer Burn accounted for the remaining 110,000 BNB.

According to the foundation, BNB Beacon Chain validators left their “now unrecoverable” auto-staked “110K BNB” on Beacon Chains, and the tokens were considered burned. Validators were compensated through the Pioneer Burn Program. According to the latest BNB on-chain data, there are approximately 142.47 million BNB tokens in circulation.

The BNB Foundation has revealed plans to use the Auto-Burn system to gradually reduce the total supply of BNB tokens to 100 million BNB. The automatic burning mechanism will adjust future burning amounts based on the BNB price and the number of blocks generated on BSC (BNB Smart Chain) every quarter to ensure predictability and transparency.