BNB completed its 30th quarterly burn, destroying over 1.63 million BNB, worth approximately 11.6 billion US dollars

2025-01-23 05:38:25

Abstract generation in progress

ChainCatcher message, BNB Foundation announced today that it has officially completed the 30th quarterly BNB Token burn on the BNB Chain. A total of 1,634,200.95 BNB were burned this time, with a value of approximately 11.6 billion US dollars at the time of the burn. Among them, the amount of automatic destruction is 1,524,200.95 BNB, and the Pioneer Burn plan accounts for 110,000. In order to promote the smooth integration of BNB, the verification nodes of the BNB Beacon Chain (Bacon Chain) had previously pledged a total of 110,000 BNB on the Beacon Chain. With the shutdown of the Beacon Chain, this part of the BNB permanently exits the circulation market and cannot be recovered, considered to enter the black hole and be destroyed. Validators will be compensated through the Pioneer Burn plan. BNB The transaction ID (TX ID) for this burn:

BNB0.94%

BACON50.38%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.