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smart wealth creation apps ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!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.

smart wealth creation apps ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!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.

smart wealth creation apps ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!BNB tokens are burned in “real time,” meaning all the time.

smart wealth creation apps ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!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.

In the first quarterly burn of 2022, more than 1.8 million BNB were burned.smart wealth creation apps Start Investing with ₹500, Earn 100% Monthly Returns