Cryptoknowmics 2024-11-01 12:57:54

BNB Foundation Completes $1 Billion Token Burn to Boost Value

The BNB Foundation, responsible for the development of BNB Chain, has successfully completed its 29th quarterly token burn, valued at approximately $1.07 billion. This move is part of the foundation’s plan to reduce BNB’s total supply to 100 million tokens, a strategy aimed at creating a deflationary effect to support long-term value. The recent burn … Continue reading "BNB Foundation Completes $1 Billion Token Burn to Boost Value" The post BNB Foundation Completes $1 Billion Token Burn to Boost Value appeared first on Cryptoknowmics-Crypto News and Media Platform .

N/A