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RE: Steemit Crypto Academy Contest / S5W4 - Token Burn || by @xkool24 || 3rd Nov, 2022
The primary aim of the token burn is to reduce excess assets from the market and get them destroyed permanently through the dead or null address that don't have a private key to retrieve any of the assets that enters it.
It's good to read about the BNB burn you included in your post, the burning of BNB will continue until half of the total BNB to be ever created are removed from the supply, that's 100,000,000 BNB out of 200,000,000 BNB, that time BNB will be more valuable.
Yeah, I concur with your review. Moreso, with the introduction of the BNB Auto-Burn in the ecosystem, it entails that an average amount of BNB are burned daily given to the number of blocks generated.
With this in place (Auto-Burn), even after the quarterly burn is consummated, it will continue to burn BNB token. This suggests that 100,000,000 and more BNB token would be burned after the quarterly burn period.
Thanks for engaging