BNB Chain Completes 37th BNB Burn, Removing 1.65M BNB From Supply

TLDR: BNB Chain completed its 37th quarterly Auto-Burn, removing 1,646,196.44 BNB from circulation. The burned BNB was worth about $1.197 billion and moved to the 0x…dEaD blackhole address. The Auto-Burn formula uses BNB’s price and BSC block production, and it is independently auditable. Lorentz and Maxwell Upgrades speed up BSC blocks, so the burn formula [...]

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