๐ฅ Did you know that BNB comes with its own "weight loss program"?
Every quarter, Binance uses platform revenue to buy back and burn a batch of BNB, which is what we call "quarterly burn". The total cap is 200 million tokens, with the goal of eventually burning halfโmeaning 100 million tokens ๐ฏ
On top of that, every transaction on the BNB Chain burns a small portion of BNB as Gas fees; the more active the chain, the more gets burned ๐
Deflation + Active Ecosystem = Double bullish logic
Every burn is a little supply reduction, and if demand keeps growing... you get the picture ๐
#BNB #BNBBurn #Binance #Crypto #BNBChain #Web3 #DeFi
Every quarter, Binance uses platform revenue to buy back and burn a batch of BNB, which is what we call "quarterly burn". The total cap is 200 million tokens, with the goal of eventually burning halfโmeaning 100 million tokens ๐ฏ
On top of that, every transaction on the BNB Chain burns a small portion of BNB as Gas fees; the more active the chain, the more gets burned ๐
Deflation + Active Ecosystem = Double bullish logic
Every burn is a little supply reduction, and if demand keeps growing... you get the picture ๐
#BNB #BNBBurn #Binance #Crypto #BNBChain #Web3 #DeFi