Boron is sacrificial and will fill imperfections in things like the cylinder walls. It's a lot like ZDDP in that respect, though ZDDP's interactions and plating are more complex, with heat and pressure changing how it bonds, and the durability of the coating.
ZDDP has a complex cycle of plating, sloughing, plating (with other mechanisms fitting in there impacting that cycle that aren't relevant to this discussion), where the constituents of the compound tend to mostly end up back in the lubricant and it is these levels that we see in used oil analysis. Ergo, you don't really know how much of the ZDDP was "used up" because the elements are still there.
We see a reduction in the zinc and phosphorous levels of lubricants in used oil analysis as well, but of course they start at much higher levels.
That said, there does seem to be a higher rate of consumption with boron and I suspect this is due to its less complex relationship with surfaces. It plates, sacrificing itself, but I would theorize that it does not have the same bonding behaviour as ZDDP, so it's more easily consumed in the combustion chamber when filling imperfects in the cylinder walls, pistons-to-ring interface, and the piston bodies.
This study delves into the improvements in efficiency and power that adding boron to a lubricant that doesn't contain it has:
https://www.sciencedirect.com/science/article/pii/S0016236123018483
There is a section on the filling of imperfections in the cylinder walls observed under a microscope.
The takeaway is that the boron compound improves ring seal, reducing emissions, increasing efficiency and improving power output. It is in this role, working the piston/ring/wall interface that I suspect is the primary source of consumption.