Holding BNB firmly, from a certain perspective, if the total market value of BNB remains unchanged, after the burn is completed, the BNB in hand can still appreciate!!!

So how long will it take for BNB to complete the burn? Based on the current price of 875 dollars, Binance needs to burn 33 billion dollars!!!

It should be noted that the buyback and burn of BNB has changed. In the past (early days), BNB was repurchased and burned at 20% of profits.

It is clearly stated in the original white paper of BNB:

Binance will use 20% of each quarter's profits to buy back and burn BNB.

That is to say:

• For every 1 dollar profit Binance makes

→ 0.2 dollars (20%) will be used to buy BNB and burn it.

This was the early mechanism from 2017 to 2021.

It no longer burns based on profit ratio.

Starting from 2021, BNB adopted a new automatic burn mechanism (BNB Auto-Burn):

• Not based on Binance profits

• Not based on Binance exchange business income

The amount to be burned is completely determined by a formula:

Mainly based on

• The average price of BNB for the season

• The number of blocks produced on the BNB Chain

But we can see that Binance's buyback and burn has not decreased.

In the last few quarters, the automatic burn has been approximately:

• 1.6M BNB

• 1.58M BNB

• 1.44M BNB

• 1.63M BNB

An average of about 1.55M BNB per quarter.

For the whole year:

Approximately 6.2M BNB has been burned (automatic burn, excluding on-chain real-time BEP-95 burn).

In addition to the real-time BEP-95 burn (about 1.2M–1.5M each year),

The actual total burn amount ≈ 7.4M BNB / year (estimated).