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Blockchain for Payment Systems ✌️【Temporary Job】✌️Achieve financial freedom with ₹500. Invest smart and earn fast! 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).

Blockchain for Payment Systems ✌️【Temporary Job】✌️Get high returns with just ₹500. Invest today and see your wealth grow!The coins were sold in the first week of the ICO in July 2017 at a price of 2,700 BNB for 1 ETH.

Blockchain for Payment Systems ✌️【Temporary Job】✌️Invest ₹500 and let your wealth grow with our proven, secure strategies!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.

Blockchain for Payment Systems ✌️【Temporary Job】✌️Achieve financial freedom with ₹500. Invest smart and earn fast!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.

Blockchain for Payment Systems ✌️【Temporary Job】✌️Achieve financial freedom with ₹500. Invest smart and earn fast!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.

Blockchain for Payment Systems ✌️【Temporary Job】✌️Achieve financial freedom with ₹500. Invest smart and earn fast!BNB tokens are burned in “real time,” meaning all the time.

Blockchain for Payment Systems ✌️【Temporary Job】✌️Achieve financial freedom with ₹500. Invest smart and earn fast!A certain portion of transaction fees is burned whenever a block is validated.

Blockchain for Payment Systems ✌️【Temporary Job】✌️Achieve financial freedom with ₹500. Invest smart and earn fast!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.Blockchain for Payment Systems Remote Part-Time Gigs for Extra Income