Giuseppe
Sun Mar 09 2025
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6 answers
1533
What is the BNB burn policy?
The BNB burn policy refers to the practice of permanently removing BNB tokens from circulation, which is implemented by Binance to reduce the total supply of BNB and potentially increase its value. This policy involves two main mechanisms: the quarterly BNB burns based on the exchange's profits, and the real-time burning of BNB used as gas fees on the Binance Smart Chain. The goal is to eventually reduce the total supply of BNB to 100 million tokens.
