Binance pledges to burn its entire team allocation of BNB, over $2 billion to be burned Binance pledges to burn its entire team allocation of BNB, over $2 billion to be burned Cryptoslate Binance BNB

The world’s leading cryptocurrency exchange Binance pledged to burn its entire team allocation of BNB, a token representing pseudo-equity in the exchange, which provides ‘dividends’ through burn appreciation and additional value in the Binance ecosystem. The move is unprecedented, with the exchange burning $2.5 billion in tokens at current prices. Binance will burn 80 million ...