BNB (BNB)

Tokenomics & Utility

BNB started with an issuance of 200 million coins. The original plan assigned 50% to the public sale, 40% to the founding team, and 10% to angel investors. Binance later committed its team allocation to burns. A burn permanently removes coins from supply. The long-term burn target is a total supply of 100 million BNB. (sec.gov)

The supply-reduction system has two main parts. A quarterly Auto-Burn uses a formula tied to BNB’s price and the number of blocks produced on BSC. A separate mechanism, introduced through BEP-95, burns a portion of BSC gas fees as transactions occur. The quarterly formula replaced an earlier approach linked to Binance’s exchange activity. These mechanisms shape supply; they do not change the basic fact that people need BNB to pay for network activity. (bnbchain.org)

BNB also has uses beyond gas. Holders can delegate it to support BSC validators. On Binance, users who enable BNB fee payment can receive a discount on eligible trades, and BNB holdings can contribute to certain account benefits. Exchange benefits are set by Binance, while blockchain fees and staking work through the network’s rules. (docs.bnbchain.org)