he CEO of Binance, Changpeng Zhao, has announced via Twitter that the team at the exchange will be discussing ways of accelerating the BNB coin burn program. Mr. Zhao went on to request his Twitter followers to provide some suggestions as to how the current program can be adjusted. His exact statement was as follows.
"This weekend, our team has been discussing an Accelerated Burn program for #BNB. More details to come. Also welcoming any suggestions or bright ideas"Current Binance Coin Burn Program for BNBThe crypto exchange of Binance has remained true to the blueprint of the quarterly coin burn set on the project’s whitepaper back in 2017. According to the document, the BNB coin burn was designed as follows.
-To be performed every quarter
-Binance will use 20% of its profits during that time period, to buy back BNB from the market and destroy them
-The final goal will be to destroy 50% of the initial 200 Million BNB minted during the ICO
more :
https://en.ethereumworldnews.com/binance-ceo-were-discussing-an-accelerated-coin-burn-program-for-bnb/what do you think about the news of this BNB coin burning?