BNB Auto-Burn

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf cryptocurrency mechanism
gptkbp:appliesTo gptkb:Binance_Coin
gptkbp:burnCalculationBasis BNB price and BSC block numbers
gptkbp:burnFrequency quarterly
gptkbp:burnMethod automatic
gptkbp:goal decentralize BNB burn process
increase BNB predictability
increase BNB transparency
https://www.w3.org/2000/01/rdf-schema#label BNB Auto-Burn
gptkbp:introduced gptkb:Binance
gptkbp:introducedIn 2021
gptkbp:purpose reduce BNB supply
gptkbp:relatedTo gptkb:Binance_Smart_Chain
BNB Tokenomics
gptkbp:replacedBy quarterly BNB burn
gptkbp:bfsParent gptkb:BNB_Chain
gptkbp:bfsLayer 6