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BNB Chain Executes 34th Quarterly Burn, Destroying 1.37M BNB and Cutting Supply to 136.36M

A formulaic, on-chain mechanism calibrates burn size by price and block production, enabling transparent, auditable supply reduction.

Overview

  • The Jan. 15 on-chain transaction sent roughly 1.37 million BNB to the null address, with BscScan recording execution at about 08:43 UTC.
  • The destruction comprised 1,371,703.67 BNB via the Auto-Burn and 100.1 BNB through the Pioneer Burn program.
  • Total supply now stands near 136.36 million BNB as the long-term plan targets 100 million through recurring quarterly burns.
  • BEP-95 real-time fee burning has removed about 281,000 BNB to date, complementing the quarterly Auto-Burn that adjusts to price and block output.
  • Recent network upgrades, including the Fermi hard fork that shortened block times to 0.45 seconds, inform Auto-Burn parameters, while BNB traded in the mid-$900s after the event.