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naukrigulf com for Indians explained ✌️【Recruitment Platform】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments. As of May 2022, it is the fourth largest afterbitcoin(BTC),ethereum(ETH) andtether(USDT).Binance originally created the tokens in order to raise capital through aninitial coin offering(ICO).

naukrigulf com for Indians explained ✌️【Recruitment Platform】✌️Start today with ₹500 and start seeing rapid monthly profits. Your wealth journey begins here!The coins were sold in the first week of the ICO in July 2017 at a price of 2,700 BNB for 1 ETH.

naukrigulf com for Indians explained ✌️【Recruitment Platform】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!The offering included 100 million BNB, meaning at the top end it could have raised around 37,000 ETH, which would have been worth nearly $10 million at the time.The founding team and angel investors held another 100 million BNB between them.

naukrigulf com for Indians explained ✌️【Recruitment Platform】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.Binance proposed in its original whitepaper to spend 20% of its profits every quarter buying and removing BNB from circulation, until the volume was brought down to 100 million.

naukrigulf com for Indians explained ✌️【Recruitment Platform】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.As of May 2022, the volume in circulation is around 168 million BNB, according to CoinGecko.The process of removing tokens from circulation or “burning” tends to support the price of a token, all else being equal.

naukrigulf com for Indians explained ✌️【Recruitment Platform】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.BNB tokens are burned in “real time,” meaning all the time.

naukrigulf com for Indians explained ✌️【Recruitment Platform】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.A certain portion of transaction fees is burned whenever a block is validated.

naukrigulf com for Indians explained ✌️【Recruitment Platform】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.At the time of writing, the total burned in this way was just over 76,600 BNB.

However, most BNB burning is done on a regular quarterly basis, with the amount calculated according to a formula based on the BNB price and the total number of blocks so far validated in the chain.

In the first quarterly burn of 2022, more than 1.8 million BNB were burned.naukrigulf com for Indians explained Side Hustle Part-Time Jobs for Extra Income