Binance Square

玫瑰钱多多

帮更多的人脱离苦海,每日一善从今天开始。
109 Following
88 Followers
30 Liked
0 Shared
All Content
--
See original
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).
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).
See original
I can't stop laughing, it was originally a video, first I took 3 screenshots 😜
I can't stop laughing, it was originally a video, first I took 3 screenshots 😜
See original
Stop early, if it is sealed, don't expect it to be unsealed during this time.
Stop early, if it is sealed, don't expect it to be unsealed during this time.
抢不到空投的
--
How long will it take to lift this situation?? I changed to a new phone, but it still got blocked, and it's been more than half a month like this.
See original
Hello, you can't learn good things, but lying can be learned immediately, I'm impressed with you.
Hello, you can't learn good things, but lying can be learned immediately, I'm impressed with you.
Naccy小妹
--
Alpha, saying I love you is not easy, goodbye👋🏻👋🏻

The last supper, finally liberated~

240 points, received it, sold for 47 dollars, a permanent souvenir!

No more worrying about being stuck……

No more thinking about which one to swipe……

No more struggling over swiping 16 points, 17 points, or 18 points……

Babies, this time really really, I've stopped!

Can't take it, really can't take it~

#Alpha
See original
You stopped brushing on the 3rd, where did the 240 points come from???
You stopped brushing on the 3rd, where did the 240 points come from???
Naccy小妹
--
Alpha, saying I love you is not easy, goodbye👋🏻👋🏻

The last supper, finally liberated~

240 points, received it, sold for 47 dollars, a permanent souvenir!

No more worrying about being stuck……

No more thinking about which one to swipe……

No more struggling over swiping 16 points, 17 points, or 18 points……

Babies, this time really really, I've stopped!

Can't take it, really can't take it~

#Alpha
See original
It was there yesterday! Didn't you know?
It was there yesterday! Didn't you know?
骑着小猪看太阳
--
Is the farewell meal coming? Today's (9th) Binance alpha airdrop interpretation
Good morning, everyone! It has been 3 days without alpha airdrops, but today a new project has finally arrived! Is it a farewell meal? Let's take a look at the project situation.

1️⃣ Project name: Midnight ($NIGHT)
Financing amount: Not announced
Launch date: December 9, time not determined ⏰
Airdrop threshold: Medium to High (227-235 points)
Expected earnings: $35 - $47
Claim method: Points collection, not announced in advance
Core investors: Not announced
Project introduction: Midnight Network is a new type of blockchain that can be used to build decentralized applications that protect sensitive data without sacrificing performance and regulatory requirements. Developers can build novel and user-friendly programming models based on Typescript and zero-knowledge (ZK) proofs on Midnight.
See original
The Three Parts of Defying Destiny, which one do you belong to?
The Three Parts of Defying Destiny, which one do you belong to?
See original
Deeply resonate
Deeply resonate
Marktowin-项目投研家
--

If you don't sign contracts, don't leverage, and don't engage in borrowing this year, you will outperform 99.99% of the people in the circle.

Users are being washed repeatedly, and everyone is short on money. Currently, those who still have some surplus are the Alpha money-making group.

Hold tight to your money bag, don't be fooled by the masters in the square.

The masters are showing off their earning abilities everywhere because they are short on money; they are pretending so much that they even believe it themselves.
#BTC
See original
Just take a look at what you need
Just take a look at what you need
AH啊豪
--
OpenEden Booster Redemption Guide
The 250U for the EDEN staking black slave task can finally be redeemed today at 10 AM on the 16th. This was originally the biggest task reward from Booster, but unfortunately, my luck is too bad, and I didn't win the biggest reward in the lottery. It's really frustrating! It can be redeemed now, but there are too many people, causing the webpage to crash continuously. Those who can't enter can wait a bit. Without further ado, the tutorial is as follows:
1️⃣ First, enter the Booster task interface and find the original completed OpenEden task interface to enter.

2️⃣ Click on this task to find the staking mini-task (provide LP to the stable vault), click to view the task, and enter its official website!
See original
Why not place one more order!? From now on, I'll remember this; it's better to place more orders than to place fewer.
Why not place one more order!? From now on, I'll remember this; it's better to place more orders than to place fewer.
不婚不育不买车房等于无限子弹
--
$AIO was stolen, what the hell, this time it got serious, being retaliated against like this
See original
The country encourages everyone to buy the big A BN encourages everyone to play alpha As long as you honestly buy the index and hold it As long as you honestly take advantage of alpha for free You won't lose anything
The country encourages everyone to buy the big A
BN encourages everyone to play alpha

As long as you honestly buy the index and hold it
As long as you honestly take advantage of alpha for free

You won't lose anything
See original
Last night I got on the bus ar, hope to double it. Be conservative, get off around 13.5
Last night I got on the bus ar, hope to double it. Be conservative, get off around 13.5
See original
The market doesn't give you strength, go out and take some photos like the ones below, and see if there are any highlights?
The market doesn't give you strength, go out and take some photos like the ones below, and see if there are any highlights?
See original
#币安HODLer空投MMT The airdrop just gave a little bit, it started to feel a bit funny. Based on the on-chain price at the time, the airdrop return is quite low. However, from last night's operations, one should be able to feel that the project is almost fully controlled. Last night I was still happy, but this morning when I woke up and looked, even a good breakfast didn't taste good anymore. I believe you should understand what I mean.
#币安HODLer空投MMT The airdrop just gave a little bit, it started to feel a bit funny. Based on the on-chain price at the time, the airdrop return is quite low. However, from last night's operations, one should be able to feel that the project is almost fully controlled. Last night I was still happy, but this morning when I woke up and looked, even a good breakfast didn't taste good anymore. I believe you should understand what I mean.
See original
Understanding Boundless Network: How $ZKC Reshapes the New Ecology of Web3 Collaboration Having been in the Web3 field for a while, I have always hoped for a decentralized collaboration platform that balances efficiency and security. It wasn't until I learned about Boundless Network that I truly saw the possibilities. Its underlying architecture not only addresses the pain points of data silos and cumbersome interactions in traditional Web3 projects but also tightly connects developers, users, and validators within the ecosystem through the $ZKC token, ensuring that every contribution can receive appropriate incentives.
Understanding Boundless Network: How $ZKC Reshapes the New Ecology of Web3 Collaboration

Having been in the Web3 field for a while, I have always hoped for a decentralized collaboration platform that balances efficiency and security. It wasn't until I learned about Boundless Network that I truly saw the possibilities. Its underlying architecture not only addresses the pain points of data silos and cumbersome interactions in traditional Web3 projects but also tightly connects developers, users, and validators within the ecosystem through the $ZKC token, ensuring that every contribution can receive appropriate incentives.
See original
Understanding Boundless Network from the User's Perspective: How $ZKC Reshapes a New Ecosystem for Web3 Collaboration Having been involved in the Web3 space for some time, I have always hoped for a decentralized collaboration platform that balances efficiency and security. It wasn't until I learned about Boundless Network that I truly saw the possibilities. The underlying architecture it has built not only addresses the pain points of data silos and cumbersome interactions in traditional Web3 projects, but also tightly connects developers, users, and validators within the ecosystem through the $ZKC token, ensuring that every contribution is reasonably incentivized. For example, in cross-chain collaboration scenarios, asset interactions that previously required multiple steps can be completed more quickly and at a lower cost within the Boundless ecosystem, thanks to its optimized consensus mechanism. This undoubtedly lowers the barriers to entry into the Web3 world for ordinary users and small to medium-sized projects. In the future, as the application scenarios within the ecosystem continue to enrich, the value of $ZKC will further become deeply tied to the ecosystem's development, and I look forward to seeing more innovative breakthroughs from Boundless Network in the Web3 collaboration space. @boundless_network #Boundless $ZKC
Understanding Boundless Network from the User's Perspective: How $ZKC Reshapes a New Ecosystem for Web3 Collaboration

Having been involved in the Web3 space for some time, I have always hoped for a decentralized collaboration platform that balances efficiency and security. It wasn't until I learned about Boundless Network that I truly saw the possibilities. The underlying architecture it has built not only addresses the pain points of data silos and cumbersome interactions in traditional Web3 projects, but also tightly connects developers, users, and validators within the ecosystem through the $ZKC token, ensuring that every contribution is reasonably incentivized.

For example, in cross-chain collaboration scenarios, asset interactions that previously required multiple steps can be completed more quickly and at a lower cost within the Boundless ecosystem, thanks to its optimized consensus mechanism. This undoubtedly lowers the barriers to entry into the Web3 world for ordinary users and small to medium-sized projects. In the future, as the application scenarios within the ecosystem continue to enrich, the value of $ZKC will further become deeply tied to the ecosystem's development, and I look forward to seeing more innovative breakthroughs from Boundless Network in the Web3 collaboration space.

@boundless_network
#Boundless
$ZKC
See original
I opened it and it showed that I missed 500 coins, my luck is not good, what does it mean?
I opened it and it showed that I missed 500 coins, my luck is not good, what does it mean?
huigeyoupin
--
The HEMI BOOSTER event has started distribution, wallet, discover, my rewards claim.
See original
#BNB创新高 BNB 4-digit code is just around the corner, buy it quickly
#BNB创新高 BNB 4-digit code is just around the corner, buy it quickly
See original
#俄乌冲突即将结束? As the duration of the war has been too long, neither side can afford it. Those in Ukraine with better conditions have already immigrated abroad, and now they are almost at a point where there are no soldiers left to recruit. It's no wonder that there are many female soldiers on the battlefield; one can imagine how severe the situation is within Ukraine.
#俄乌冲突即将结束? As the duration of the war has been too long, neither side can afford it. Those in Ukraine with better conditions have already immigrated abroad, and now they are almost at a point where there are no soldiers left to recruit. It's no wonder that there are many female soldiers on the battlefield; one can imagine how severe the situation is within Ukraine.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

Umme Rimsha
View More
Sitemap
Cookie Preferences
Platform T&Cs