The upcoming BNB coin burn takes place in April 2024
To increase the value of its native token, Binance Coin (BNB), Binance plans to burn coins quarterly
Binance will burn an amount of tokens quarterly, depending on the exchange's profitability. This technique is the company's way of trying to create tokens of greater value over time.
Every quarter, the company will use 20% of profits to buy back BNB and write them off, until it has 50% of the issued BNB amount (100M).
BNB Burning Schedule Will Take Place In January, April, July, October Every Year
The burning period in each quarter usually falls on the 15th to 19th day of the month
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