BNB Chain Burns 1.6 Million BNB Tokens in its 28th Quarterly Token Burn
In a Monday blog post, BNB Chain announced the removal of 1,643,698.8 BNB tokens from circulation, valued at approximately $971 million at the time of the burn.
BNB Serves as the Native Coin of the BNB Chain
BNB plays a crucial role as the native coin of the BNB Chain ecosystem, powering its diverse Web3 environment.
It facilitates transactions across the BNB Smart Chain (BSC), opBNB L2s, and BNB Greenfield blockchain.
Moreover, BNB has governance utility, allowing holders to participate in the decentralized on-chain governance of the BNB Chain.
In a Monday blog post, BNB Chain announced the removal of 1,643,698.8 BNB tokens from circulation, valued at approximately $971 million at the time of the burn.
BNB Serves as the Native Coin of the BNB Chain
BNB plays a crucial role as the native coin of the BNB Chain ecosystem, powering its diverse Web3 environment.
It facilitates transactions across the BNB Smart Chain (BSC), opBNB L2s, and BNB Greenfield blockchain.
Moreover, BNB has governance utility, allowing holders to participate in the decentralized on-chain governance of the BNB Chain.
2 months ago
