BNB has completed its 30th quarterly burn, destroying over 1.63 million BNB, worth approximately $1.16 billion

2025-01-23 13:06:58

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ChainCatcher news, the BNB Foundation announced today that it has officially completed the 30th quarterly BNB token burn for BNB Chain. A total of 1,634,200.95 BNB was burned, valued at approximately $1.16 billion at the time of the burn.

Among this, the amount of automatic burn was 1,524,200.95 BNB, and the anti-black hole (Pioneer Burn) plan accounted for 110,000 BNB. To facilitate the smooth integration of BNB, the validators of the BNB Beacon Chain (Bacon Chain) previously left a total of 110,000 BNB staked on the Beacon Chain. With the suspension of the Beacon Chain, this portion of BNB permanently exits the circulation market and cannot be restored, considered as entering the black hole and burned. Validators will be compensated through the anti-black hole plan.

The transaction ID (TX ID) for this BNB burn: https://bscscan.com/tx/0x6c36e62d0c2c62a963c2410bb8feec49c5ce562bdfdac1fb2dbfa3c190be374c

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