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Binance Will Ditch Quarterly BNB Burn


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🔥 Binance Will Ditch Quarterly BNB Burn

Binance crypto exchange announced a new BNB Auto-Burn mechanism that will replace the usual quarterly burning.

Auto-Burn will be independent of the profits generated by Binance from BNB. And the amount of burning will vary depending on the price of the token, taking into account supply and demand, as well as the number of blocks produced during the quarter.

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