According to this Binance (BNB) made about 7.5M profit in a quarter
Binance Coin Burn in 2017 Fall
Avatar Binance
14 minutes ago
Dear all,
In accordance with our whitepaper, each quarter, we will use 20% of our profits to buy back and burn BNB, until 100MM BNB are burned. We will buy back and burn 986,000 BNB in 2017 Fall based on our profits in this quarter.
We will complete the burn event and announce the burn link before Oct. 18, 2017.
Thank you for your support!
Binance Team
2017/10/15
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