TechFlow reports that on April 16, the BNB Foundation announced the completion of its 35th quarterly token burn. A total of 1.569 million $BNB tokens were burned on the BNB Smart Chain (BSC), valued at approximately $1.02 billion. Following this burn, the total circulating supply decreased to approximately 134.8 million tokens.
The ultimate goal of the BNB burn is to reduce the total supply to 100 million tokens. This ongoing burn mechanism aims to support the long-term healthy development of the BNB Chain ecosystem.
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