TechFlow news, October 29: YZi Labs released a report indicating that BNB, the native token of BNB Chain, employs a dual-burn mechanism combining Auto-Burn and BEP-95, featuring a deflationary design and high on-chain usage. The total supply of BNB is capped at 100 million tokens, with over 30% of the historically issued amount already burned. In the current token distribution, approximately 67% is held by the public, around 27% is held by the foundation for programmed burning, and Binance founder CZ's personal holdings account for less than 1%, reflecting a relatively decentralized distribution overall.
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