BEP-95 (Bruno Hard Fork Upgrade) is a Binance Coin (BNB) burning protocol aiming to optimize the speed of the BNB burning process.
Understanding the Term
Revealed on October 22, 2021, the BEP-95, also known as the Bruno hard fork upgrade, aims to burn the coins on the Binance-backed decentralized blockchain protocol in real-time. According to the developers, this implies that the optimization process can benefit validators and holders as the value of BNB tokens goes up after the excess is burned, allowing the price to rise perpetually.
The BEP-95 (Bruno Hard Fork Upgrade) aims to reduce the amount of BNB in circulation over time.