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szc shopzcoin in india ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!Binance proposed in its original whitepaper to spend 20% of its profits every quarter buying and removing BNB from circulation, until the volume was brought down to 100 million.
szc shopzcoin in india ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!As of May 2022, the volume in circulation is around 168 million BNB, according to CoinGecko.The process of removing tokens from circulation or “burning” tends to support the price of a token, all else being equal.
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szc shopzcoin in india ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!A certain portion of transaction fees is burned whenever a block is validated.
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However, most BNB burning is done on a regular quarterly basis, with the amount calculated according to a formula based on the BNB price and the total number of blocks so far validated in the chain.
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