BEP-95, Binance Smart Chain’s real-time fee burning mechanism, has burned 20,000 BNB since its inception on December 1.
20,000 BNB is worth approximately 378 million baht. The main goal of the new mechanism is to make BNB more valuable. This will have a positive effect on the value of the coin. The same is true for the deflation effect on the price of Ethereum that has also increased after the activation of EIP 1559.
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