Overview
- Blockchain records show the transaction executed on Jan. 15 at roughly 08:43 UTC, sending BNB to the null address on BSC for permanent removal.
- The foundation reported a 100.1 BNB pioneer component within the burn, with the overall reduction bringing total supply to about 136,361,367 BNB.
- The Auto-Burn mechanism operates independently of Binance’s centralized exchange and is designed to be verifiable by anyone.
- The burn followed the Fermi hard fork, which cut block time to about 0.45 seconds, a change that factors into Auto-Burn calculations.
- Reports valued the destroyed tokens at roughly $1.27–$1.29 billion, with immediate market reaction remaining limited.