Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Binance Coin (BNB) => Topic started by: Oxumare on December 24, 2021, 04:09:09 PM
-
In order for the decentralized financial activity on Binance Smart Chain to be more effective, the burning process, which is made every quarter, will be made continuously from now on.
System name: "BNB automatic burning"
Automatic burning will be based on price and supply-demand dynamics.
For example, when the BNB price drops, the number of BNBs burned will increase so that the value stays in a consistent place, thus preventing the losses caused by market movements.
https://www.binance.com/en/support/announcement/611c8f41f49e4cd2a02a7c7d66fdf3c0