How can I get BNB?
Many people confuse BNB with Bitcoin, thinking BNB can be mined to produce coins, but that’s not the case.
BNB is a pre-minted token. At launch, a total of 200 million BNB were minted at once. There is no proof-of-work mining involved, so no additional BNB will be minted. BTC, on the other hand, is continuously produced through mining; the underlying logic of the two is completely different.
BNB Chain uses the PoSA consensus mechanism. To get BNB, the mainstream ways are: exchange it on the secondary market through trading; or delegate/stake BNB and share rewards from block Gas fees.
Note that the DeFi liquidity mining rewards you mine are mostly the project’s own tokens, not BNB.
Regarding deflationary mechanics, BNB now uses a dual burn mechanism: a quarterly Auto-Burn on-chain algorithmic burn, combined with BEP95 block-level real-time Gas burns. This is no longer the old exchange-profit buyback-and-burn model. The burn amount is automatically calculated based on on-chain block counts and the BNB average price formula, with the goal of continuing to burn until 100 million BNB remain.
Also, BNB has a burn mechanism: every time a certain amount is burned, the price tends to rise 📈 and can even surge 📈! So with only 100 million BNB remaining, the supply is limited—hold on to it and don’t get off too easily 🚗. As the total number of BNB decreases by 100 million, the price can only keep trending higher 📈.
Quick summary: BNB’s total supply is fixed; it only decreases through burns, and it will not be mined into more coins. Supply-side deflation doesn’t necessarily guarantee that the price will always rise.
# #BNB走势 #bnb #公链科普
Many people confuse BNB with Bitcoin, thinking BNB can be mined to produce coins, but that’s not the case.
BNB is a pre-minted token. At launch, a total of 200 million BNB were minted at once. There is no proof-of-work mining involved, so no additional BNB will be minted. BTC, on the other hand, is continuously produced through mining; the underlying logic of the two is completely different.
BNB Chain uses the PoSA consensus mechanism. To get BNB, the mainstream ways are: exchange it on the secondary market through trading; or delegate/stake BNB and share rewards from block Gas fees.
Note that the DeFi liquidity mining rewards you mine are mostly the project’s own tokens, not BNB.
Regarding deflationary mechanics, BNB now uses a dual burn mechanism: a quarterly Auto-Burn on-chain algorithmic burn, combined with BEP95 block-level real-time Gas burns. This is no longer the old exchange-profit buyback-and-burn model. The burn amount is automatically calculated based on on-chain block counts and the BNB average price formula, with the goal of continuing to burn until 100 million BNB remain.
Also, BNB has a burn mechanism: every time a certain amount is burned, the price tends to rise 📈 and can even surge 📈! So with only 100 million BNB remaining, the supply is limited—hold on to it and don’t get off too easily 🚗. As the total number of BNB decreases by 100 million, the price can only keep trending higher 📈.
Quick summary: BNB’s total supply is fixed; it only decreases through burns, and it will not be mined into more coins. Supply-side deflation doesn’t necessarily guarantee that the price will always rise.
# #BNB走势 #bnb #公链科普
