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BNB Chain Executes 34th Quarterly Burn, Destroying 1.37 Million BNB

The algorithmic burn, executed directly on BSC, advances a long-term goal of 100 million tokens.

Overview

  • The burn removed 1,371,703.66 BNB from circulation, lowering total supply to about 136.36 million.
  • On-chain records show 1,371,703.6655 BNB sent to the 0x000…dEaD address at roughly 08:43 UTC on January 15.
  • BNB Foundation reports a total of 1,371,803.77 BNB retired when including a 100.1 BNB pioneer burn.
  • The Auto-Burn mechanism is independently auditable and separate from the Binance exchange, with parameters updated after the Fermi hard fork that cut block time to 0.45 seconds; real-time gas-fee burns have destroyed roughly 281,000 BNB to date.
  • The destroyed tokens were valued near $1.27–$1.29 billion, while market reaction was muted with BNB trading just above $900.