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BEP-95

BEP-95 is a Binance Evolution Proposal that introduces a real-time burning mechanism to BNB Smart Chain (BSC). It’s been introduced to make BNB’s tokenomics even more dynamic and further decentralize the network. With BEP-95, a fixed ratio of each block’s gas fees that validators collect will be burned, reducing the supply of BNB and potentially increasing its price. The BEP also changes the distribution of gas fees between two smart contracts and introduces a governance mechanism for adjusting the burn ratio.

  • Block header
    A block headerA block header is a data structure that contains metadata about a particular block in the chain. It includes important information such as the block's... is a data structure that contains metadata about a particular blockA block is a collection of transactions that have been verified and added to the blockchain. Each block […]
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  • Mainnet Swap
    A mainnet swapA mainnet swap is a process of migrating a cryptocurrency project from its existing blockchain or testnet to its own fully functional mainnet. It involves... is a process of migrating a cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized […]
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  • Wick
    In trading charts, a wickIn trading charts, a wick is a line that extends above or below a candlestick body. It represents the highest and lowest price points reached... is a line that extends above or below a candlestick body. It represents the highest and lowest price points reached during a trading period, such as […]
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