Binance Quarterly burn sees $450M worth of BNB destroyed based on price and BSC blocks.
Coindesk •
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Promote with Leviathan NewsBinance completed a quarterly burn of BNB, destroying more than $450 million worth of the token as part of its scheduled supply-reduction program. The burn is tied to Binance’s broader BNB Chain mechanism, which uses network activity and price data to determine how many tokens are permanently removed from circulation each quarter.
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