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Binance Milestone BNB Wallet Hits $1M

Binance Founder Seeks Community Input on $1 Million BNB Distribution

  • Changpeng Zhao (CZ), Binance founder, is consulting the BNB community on distributing over $1 million in BNB tokens.
  • The funds are intended for victims of Test (TST) and BROCCOLI meme coin price crashes.
  • CZ has already donated $100K (150 BNB) from the pool.
  • Options include donating to a non-profit, burning tokens, or adding them to a liquidity pool.
  • CZ emphasizes transparency and crypto-enabled tracking for any non-profit donations.

CZ is exploring a hybrid approach for distributing over $1 million in BNB tokens, considering options like non-profit donations, token burning, or liquidity pools while prioritizing transparency and community feedback.

Source (2.6)https://coingape.com/binance-founder-seeks-community-opinion-as-bnb-donation-wallet-reaches-1-million/?rand=24432
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