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#BNB
I like the launchpool of Binance, which refresh the list of coins and bring more games to the world.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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#BNB while BNB shall self-burned 44% to reduce the maximum number of BNB coins to be 100 mil BNB (limited number of BNB coin), ETH and SOL shall self-born every year. For example, given the initial inflation rate for Solana is 8%, which will reduce by 15% each year until 2031, there shall be around 788 mil SOL in circulation. After 2031, the inflation of SOL is 1.5% yearly, meaning that every year there shall still be more coins SOL borne. @ETH @SOL.
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#BNB The initial maximum supply of BNB was 200 million tokens. Binance plans to reduce the total supply by 50%, down to 100 million BNB, through a process called 'burning,' which involves permanently removing a portion of the tokens from circulation.
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#BNB The price of BNB saw a significant increase in early 2021 due to a combination of factors, including increased adoption and use of Binance Smart Chain as a low-cost alternative to Ethereum for DeFi applications, a general bull market in cryptocurrencies, Binance's continuous coin burns, which reduce the overall supply of BNB, and the overall growth of the Binance exchange platform itself.
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#BNB BNB token burns are part of Binance's commitment to reducing the overall token supply, which aligns with their development strategy to add value to the remaining BNB tokens and ensure the ecosystem's long-term growth. It reflects Binance's confidence in the platform's continued performance and growth. BNB implements its deflationary tokenomics through regular coin burns called 'BNB Burn', where a portion of the circulating supply is permanently removed, and through auto-burn mechanisms that adjust the amount being burnt in relation to BNB's price and ecosystem growth. The initial maximum supply of BNB was 200 million tokens. Binance plans to reduce the total supply by 50%, down to 100 million BNB, through a process called 'burning,' which involves permanently removing a portion of the tokens from circulation.
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#BNB #BTC the most challenging time for Binance was over, CZ paid for the compensation and completed all his penalty. If the worst thing cannot kill you, you know what is the next.
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