According to Wu's report, the BNB Foundation announced the completion of the 29th quarterly BNB burn, with a total automatic burn amount of 1,772,712.363 BNB, valued at approximately 1.07 billion USD. Due to the ongoing BNB Chain integration, this quarter's burn and future burns will be conducted directly on BSC, and the corresponding amount of BNB will be sent to the 'black hole' address. In addition, BNB has implemented a real-time burn mechanism based on gas fees. BSC validators determine the proportion of gas fees charged for each block and burn at a fixed rate. Since the launch of BEP95, approximately 242K BNB have been burned under this mechanism.