What is BNB auto-burn and how does it work?

Cointelegraph

Published Jul 08, 2022 09:15AM ET

Updated Jul 08, 2022 02:00PM ET

Binance Coin (BNB) is the Binance ecosystem’s native cryptocurrency. Launched in 2017, BNB was originally presented as an ERC-20 token on the Ethereum blockchain with a total supply of 200 million. In 2019, Binance started its mainnet swap and migrated all BNB tokens to BNB Chain.

Related: A beginner’s guide to the BNB Chain: The evolution of the Binance Smart Chain

h3 Real-time burning mechanism (BEP-95)/h3
h3 Quarterly auto-burn/h3

Continue Reading on Coin Telegraph