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Online Business Models for Passive Income ✌️【Interview Skills】✌️Make your ₹500 grow rapidly with AI-backed 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).
Online Business Models for Passive Income ✌️【Interview Skills】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!The coins were sold in the first week of the ICO in July 2017 at a price of 2,700 BNB for 1 ETH.
Online Business Models for Passive Income ✌️【Interview Skills】✌️Start with ₹500 and earn big! High returns, low risk, and consistent growth.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.
Online Business Models for Passive Income ✌️【Interview Skills】✌️Make your ₹500 grow rapidly with AI-backed 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.
Online Business Models for Passive Income ✌️【Interview Skills】✌️Make your ₹500 grow rapidly with AI-backed 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.
Online Business Models for Passive Income ✌️【Interview Skills】✌️Make your ₹500 grow rapidly with AI-backed investments.BNB tokens are burned in “real time,” meaning all the time.
Online Business Models for Passive Income ✌️【Interview Skills】✌️Make your ₹500 grow rapidly with AI-backed investments.A certain portion of transaction fees is burned whenever a block is validated.
Online Business Models for Passive Income ✌️【Interview Skills】✌️Make your ₹500 grow rapidly with AI-backed 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.Online Business Models for Passive Income ✌️【Interview Skills】✌️Get high returns with just ₹500. Invest today and see your wealth grow!