@BOMBERuss 19 April 2022 more from that month

The #Binance cryptocurrency exchange carried out the nineteenth quarterly burning of Binance Coin (BNB) tokens using the Auto-Burn mechanism 1,839,786.26 #BNB (~$741.8 million at the time of writing) was withdrawn from circulation, including 9403.78 BNB under the Pioneer Burn program. As part of the previous round in January 2022, Binance burned 1,684,387.11 BNB, which in fiat equivalent amounted to $795 million. At the end of 2021, Binance abandoned the concept of quarterly destruction of BNB in favor of the mechanism of their automatic withdrawal from circulation Auto-Burn. The algorithm does not take into account the revenues generated by the Binance trading platform, but is based solely on the price of BNB and the number of blocks mined during the quarter. The program will be curtailed when the total number of coins burned reaches 100 million. In December 2021, the Bruno hard fork took place in BNB Chain at block 13,082,000, within which the mechanism for burning a fixed proportion of gas in each block was activated.