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.
16th Quarterly BNB Burn Txid:
https://explorer.binance.org/tx/53DAB77C7F10E626425F5542D97F5F20752F889025D01D0342BC1E7484372EEA
Transfer Txid:
https://explorer.binance.org/tx/4BB7A4A0604F9A0A7C9280D8A95A9AA3F5557525BE79B40A81F3A980A06243E4
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-07-18
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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