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BGB Token Supply Reduction and Future Burn Plans | Flash News Detail | Blockchain.News
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12/27/2024 10:16:37 AM

BGB Token Supply Reduction and Future Burn Plans

BGB Token Supply Reduction and Future Burn Plans

According to Ai 姨, BGB has announced a significant token burn mechanism. The initial burn will eliminate 800 million BGB tokens held by the core team, which constitutes 40% of the total supply. This action will reduce the total supply to 1.2 billion BGB, achieving full circulation. Additionally, starting in 2025, BGB plans to conduct quarterly burns using 20% of its profits for buyback and burn operations.

Source

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references

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