Binance BNB Burn Explained | How Much BNB COIN is Burnt and When? #bnb #bnbcommunity #binance Many projects introduce a deflationary mechanism in their tokenomics. For a large part, this is usually done through a so-called token burn. Binance is undoubtedly the most famous industry participant in removing chunks of its native cryptocurrency (Binance Coin � BNB), and the way they do it has changed throughout the five years of its existence. So far, the exchange has burned billions of dollars worth of BNB, pursuing its goal of reducing the token�s total supply by 50%. In this article, we take a deep dive at how the process works, how many burns have been so far, when is the next one, and so forth.