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About SPHERE

The center of the Sphere Ecosystem. Users earn yield from the ecosystem & its robust treasury.

Sphere Finance (SPHERE) is a cryptocurrency launched in 2022. SPHERE has a current supply of 24.78Bn with 0 in circulation. The last known price of SPHERE is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://sphere.finance/.

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SPHERE Price Statistics
SPHERE’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#7864
SPHERE Market Cap
Market Cap
$0
Fully Diluted Market Cap
$10.78M
SPHERE Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SPHERE Supply
Circulating Supply
0
Total Supply
24.78Bn
Max Supply
0
Updated Oct 17, 2024 9:30 am
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SPHERE
Sphere Finance
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
BNB Chain Completes 29th Quarterly Token Burn, Eliminating $1.07 Billion in BNB
BNB Chain Completes 29th Quarterly Token Burn, Eliminating $1.07 Billion in BNB
The BNB Chain ecosystem has completed its 29th quarterly BNB token burn. The burn event, announced by the BNB Foundation, removed 1,772,712.363 BNB from circulation, valued at approximately USD 1.07 billion.Key Highlights of the 29th BNB BurnTotal BNB Burned: 1,772,712.363 BNBAuto-Burn Component: 1,710,142.733 BNBBTokens Adjustment Burn: 62,569.63 BNB, covering previous BTokens that were incorrectly omitted from past Auto-Burn eventsCurrent Supply After Burn: 144,099,981.1 BNBRemaining BNB to Burn: 43,533,387.84 BNBBNB's Auto-Burn Mechanism ExplainedBNB employs a deflationary Auto-Burn mechanism to gradually reduce its supply to a target of 100 million BNB. This quarterly process operates independently of the Binance exchange, adjusting based on the current BNB price and the total number of blocks generated on BSC. The funds are sent to a designated “blackhole” address (0x000000000000000000000000000000000000dEaD) on BSC, ensuring transparency and predictability in each burn cycle.Real-Time and Pioneer Burn ProgramsBNB Chain also implements a Real-Time Burn, introduced under BEP95, where BSC validators burn a portion of gas fees with each block. This mechanism has collectively removed approximately 242,000 BNB from circulation since its inception.Additionally, BNB’s Pioneer Burn Program offers recovery options for users who have accidentally lost BNB or pegged tokens. This recovery is factored into the quarterly burn to help restore tokens lost due to unintentional errors.BNB Chain’s Vision and Future of the TokenBNB remains at the core of the BNB Chain’s Web3 and decentralized finance ecosystem. Its Auto-Burn system not only helps maintain a healthy token economy but also aligns with the platform’s broader “Build and Build” philosophy, ensuring BNB’s role in on-chain governance, transaction facilitation, and ecosystem development. With BNB Chain’s ongoing Fusion upgrade, future burns will occur directly on BSC to simplify and standardize the process.This latest burn marks another milestone in BNB Chain’s journey toward token scarcity and value preservation, as it continues to grow within the Web3 landscape.     
Nov 01, 2024 4:08 pm

Frequently Asked Questions

  • What is the all-time high price of Sphere Finance (SPHERE)?

    The all-time high of SPHERE was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Sphere Finance (SPHERE) is 0. The current price of SPHERE is down 0% from its all-time high.

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  • How much Sphere Finance (SPHERE) is there in circulation?

    As of , there is currently 0 SPHERE in circulation. SPHERE has a maximum supply of 0.

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  • What is the market cap of Sphere Finance (SPHERE)?

    The current market cap of SPHERE is 0. It is calculated by multiplying the current supply of SPHERE by its real-time market price of 0.

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  • What is the all-time low price of Sphere Finance (SPHERE)?

    The all-time low of SPHERE was 0 , from which the coin is now up 0%. The all-time low price of Sphere Finance (SPHERE) is 0. The current price of SPHERE is up 0% from its all-time low.

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  • Is Sphere Finance (SPHERE) a good investment?

    Sphere Finance (SPHERE) has a market capitalization of $0 and is ranked #7864 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sphere Finance (SPHERE) price trends and patterns to find the best time to purchase SPHERE.

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