BNB burning

As mentioned in the Binance whitepaper, every quarter, Binance uses 20% of its profits to buy back and burn Binance Coins, completely destroying them. Binance consistently conducts quarterly burns, with the most recent being its 13th quarterly burn on October 17, 2020

Binance will continue to burn quarterly until it buys back and destroys 100 million Binance coins, 50% of the total supply. This practice ensures that the supply of Binance Coin remains limited, making it rarer and more valuable.