{"id":198561,"date":"2026-07-15T11:52:44","date_gmt":"2026-07-15T11:52:44","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=198561"},"modified":"2026-07-15T11:52:44","modified_gmt":"2026-07-15T11:52:44","slug":"bnb-chain-completes-36th-quarterly-token-burn-marks-third-burn-of-2026","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=198561","title":{"rendered":"BNB Chain Completes 36th Quarterly Token Burn, Marks Third Burn of 2026"},"content":{"rendered":"

[PRESS RELEASE \u2013 Dubai, UAE, July 15th, 2026]<\/strong><\/p>\n

15th of July: The BNB Chain Foundation<\/a>\u00a0has officially announced the successful completion of the 36th quarterly BNB token burn by BNB Chain. This marks our third burn of 2026.<\/p>\n

Here are the facts and figures from the latest burn:<\/p>\n

Auto-Burn (Total BNB burned): 1,615,827.795 BNB
\nApproximate value in USD at the time of burn completion: ~$931,702,464
\nTransaction ID (TXID) for BNB burn:\u00a0View transaction<\/a>
\nRemaining to be burned:\u00a0Check real-time data here<\/a>
\nRemaining total supply: 133,166,127.91 BNB<\/p>\n

at time of writing 15 July, 2026 at 10:35AM UTC.<\/p>\n

What You Need to Know About the BNB Burn<\/strong><\/p>\n

BNB<\/a>\u00a0is the native coin of the BNB Chain ecosystem, essential for powering its multifaceted Web3 environment. It supports transactions on the BNB Smart Chain (BSC), the\u00a0opBNB L2s,<\/a>\u00a0and\u00a0BNB Greenfield<\/a>\u00a0blockchain. Besides transaction fees, BNB serves as a governance token, granting holders the ability to participate in the BNB Chain\u2019s decentralized on-chain governance. Additionally, BNB functions as a\u00a0strategic reserve asset<\/a>\u00a0and enters the radar of more mainstream\u00a0financial institutions<\/a>, driving ecosystem growth and incentivizing adoption.<\/p>\n

Following its mainnet launch on April 18, 2019, BNB transitioned from the Ethereum Network to BNB Chain. \u201cBuild and Build\u201d is the philosophy behind BNB, reflecting its role in fostering development within the ecosystem. BNB employs an Auto-Burn system to gradually reduce its total supply to 100,000,000 BNB. The burn amount is adjusted based on BNB\u2019s price and the number of blocks generated on BSC during a quarter, ensuring transparency and predictability.<\/p>\n

BNB Auto Burn<\/strong><\/p>\n

The\u00a0BNB Auto-Burn<\/a>\u00a0provides an independently auditable, objective process. The figures are reported quarterly, and the mechanism is independent of the Binance centralized exchange.<\/p>\n

This quarter\u2019s burn and future burns will occur directly on BSC due to the BNB Chain Fusion. The corresponding BNB amount will be sent to the \u201cblackhole\u201d address: 0x000000000000000000000000000000000000dEaD.<\/p>\n

Note: Due to the recent Lorentz, Maxwell and Fermi upgrades, BSC is producing blocks more frequently, compared with the time when the Auto Burn formula was originally defined. The parameters used in the formula have been adjusted to keep the idea and spirit consistent.<\/p>\n

BNB Real-time Burn<\/strong><\/p>\n

Additionally, BNB implements a\u00a0real-time burning mechanism<\/a>\u00a0based on gas fees. BSC validators determine the ratio of gas fees collected in each block, which is burned at a fixed rate. Since the introduction of BEP95, roughly 291K BNB has been burnt under this mechanism.<\/p>\n

About BNB Chain<\/strong><\/p>\n

BNB Chain<\/a>\u00a0is one of the largest and most active blockchain ecosystems in the world, supported by a global community of developers and users. With high throughput, low transaction costs, and full EVM compatibility, BNB Chain powers scalable applications across finance, gaming, and the broader Web3 economy. For more information, users can visit www.bnbchain.org.<\/p>\n

The post BNB Chain Completes 36th Quarterly Token Burn, Marks Third Burn of 2026<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

[PRESS RELEASE \u2013 Dubai, UAE, July 15th, 2026] 15th of July: The BNB Chain Foundation\u00a0has officially announced the successful completion of the 36th quarterly BNB token burn by BNB Chain. This marks our third burn of 2026. Here are the facts and figures from the latest burn: Auto-Burn (Total BNB burned): 1,615,827.795 BNB Approximate value […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-198561","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/198561"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=198561"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/198561\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=198561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=198561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=198561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}