Darren LI
@darrenli
Creator Economy, AI & retail-tech investor | J.D. & J.M. | PNG collector | Musical lover | Happy to chat, using Cal.com link below to book calls (https://cal.com/darrenli)
twitter.comDarren LI
@darrenli
"BNB is the fuel in Binance's engine,” He-Yi, Binance co-founder explained to Forbes. “It is well known that our users can reduce trading fees by using BNB.
First and foremost, the company employs a strategy in which every quarter, Binance burns BNB from their reserve allocation relative to the amount of trading volume on their exchange. This strategy will continue until only 100M BNB (50% of the initial supply) remains.