đ„ 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.
đ§ź Burn Details:
âą Total $BNB burned: 1,595,599.78
âą Approx. USD value: ~$1.02B
âą Included: 129.10 BNB via Pioneer Burn (user loss recovery)
âïž Why It Matters:
BNBâs Auto-Burn mechanism adjusts based on price and block production to maintain transparency. Itâs part of the goal to reduce total supply to 100M BNB.
đ BNB plays a central role in the BNB Chain ecosystem: powering transactions, governance, and strategic reserves â now with faster blocks thanks to the Maxwell upgrade.
đ The burn took place on BSC and was sent to the blackhole address for permanent removal.