BNB Chain Completes 36th Quarterly Token Burn
The third burn of 2026 has been successfully executed.
1BNB Chain's Token Burn
BNB Chain has successfully completed its 36th quarterly token burn. This burn marks the third burn of 2026, with a total of 1,615,827.795 BNB burned, valued at approximately $931 million.
2The Role of BNB
BNB serves as the native coin of the BNB Chain ecosystem, powering the Web3 environment. It supports transactions on BNB Smart Chain, opBNB L2s, and BNB Greenfield blockchain, and functions as a governance token.
3Auto-Burn System
BNB employs an Auto-Burn system to gradually reduce its total supply to 100 million BNB. The burn amount is adjusted based on BNB's price and the number of blocks generated on BSC.
4Transparent and Independent Process
The BNB Auto-Burn offers an independently auditable process. This mechanism operates independently of the Binance centralized exchange, and burns are executed directly on BSC.
5Real-Time Burn
BNB also implements a real-time burn mechanism based on gas fees. BSC validators burn a fixed ratio of gas fees collected in each block.
6BNB Chain's Growth
BNB Chain is one of the largest and most active blockchain ecosystems globally, supporting scalable applications in finance, gaming, and the broader Web3 economy.
Original article: CryptoPotato — BNB Chain, 36. Çeyrek Token Yakımını Tamamladı