Rumors are flying that 80% of the BitTorrent token ($BTTC / BTT) supply is getting burned, but here’s what’s really happening:
Binance once shared a piece exploring a “what if” scenario — where 80% of the total supply (990 trillion tokens) would be burned, leaving around 198 trillion in circulation. But that was just hypothetical, not an actual move.
That said, BitTorrent has carried out burns in the past. During the redenomination and migration to BTTC, the project claims over 575 billion BTT were burned. On top of that, the BTTC DAO forum still has active proposals and community talks about future burn plans, including a “BTTC Burn Plan for 2024.”
So the bottom line is: there’s no confirmed evidence of an 80% burn taking place right now. What we have are past burns, community discussions, and a hypothetical scenario — not a completed execution.
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