BNB Chain Burns Over $916M in 31st Quarterly Event
On 16 April 2025, the BNB Foundation announced the successful completion of its 31st quarterly BNB token burn, eliminating 1,579,207.72 BNB from circulation, valued at approximately $916.07 million at the time of the transaction. This initiative is part of BNB Chain’s long-term deflationary strategy aimed at reducing the total supply of BNB tokens to 100 million. $916,000,000 BNB burned. https://t.co/S1BINrc0Ya — CZ BNB (@cz_binance) April 16, 2025 Burn Mechanisms and Supply Reduction The BNB Auto-Burn mechanism determines the number of tokens to be burned each quarter based on BNB’s market price and the number of blocks produced on the BNB Smart Chain (BSC) during that period. This process operates independently of the Binance centralised exchange, ensuring transparency and predictability. CZ has burned over 60,000,000 $BNB since launch, That’s $37,000,000,000 in value removed from supply forever. The most aggressive deflationary model ...