BNB uses a real-time burning mechanism as introduced in BEP95. A fixed ratio of the gas fee collected is burned in each block, with the ratio decided by BSC validators.
Burned in the last 7 days
The quarterly burn is replaced with BNB Auto-Burn based on the price of BNB, as well as the number of blocks produced during a quarter. It will continue to follow the same quarterly burn schedule as planned.
BNB powers the BNB Chain ecosystem and is the native coin of the BNB Beacon Chain and BNB Smart Chain. As one of the world's most popular utility tokens, not only can you trade BNB like any other cryptocurrency, you can also use BNB in a wide range of applications and use cases.
How does BNB Burn work?
BNB uses an Auto-Burn system to reduce its total supply to 100,000,000 BNB. The BNB Auto-Burn mechanism adjusts the amount of BNB to be burned based on BNB's price and the number of blocks generated on BNB Smart Chain (BSC) during the quarter. This offers greater transparency and predictability to the BNB community.
BNB lost in eligible cases can also be reimbursed through the BNB Pioneer Burn Program. This counts users' lost coins towards the official burn count and reimburses them with BNB.
BNB additionally uses a real-time burning mechanism based on gas fees. A fixed ratio of the gas fee collected is burned in each block, with the ratio decided by BSC validators.