What is BNB Chain?
BNB has a periodic burning mechanism, with the ultimate goal of gradually reducing the total supply to 100 million.
On BNB Chain, BNB is used to pay transaction fees and for validator staking, among other purposes. Its use cases are closely tied to on-chain activity.
When transferring funds or interacting with contracts on BNB Chain, fees are settled in $BNB .
#BNB
BNB has a periodic burning mechanism, with the ultimate goal of gradually reducing the total supply to 100 million.
On BNB Chain, BNB is used to pay transaction fees and for validator staking, among other purposes. Its use cases are closely tied to on-chain activity.
When transferring funds or interacting with contracts on BNB Chain, fees are settled in $BNB .
#BNB