BNB burn
Fellow Binancians,
We have completed our 16th quarterly BNB token burn of 1,296,728 BNB (roughly $393,673,653.52 equivalent). The latest quarterly burn includes the actual burning of 1,291,565 BNB, plus an additional 5,163 BNB that was effectively burned via the Pioneer Burn Program.
As per white paper, the remaining locked team BNB are now unlocked and have been moved to the team address. The Binance team has never used or sold a single BNB from the team allocation so far, other than burning. |
