BNB token burn
BNB Chain has successfully completed its 33rd quarterly token burn, eliminating more than 1.4 million $BNB from circulation. This move aims to reduce the overall supply of $BNB, which is intended to enhance the value of the ecosystem. The total amount of $BNB burned is valued at approximately $1.208 billion. This quarterly event reflects BNB Chain’s ongoing strategy to manage its token supply effectively. The token burn is part of the project’s broader efforts to strengthen the economic model of the BNB ecosystem and ensure long-term sustainability.
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