Crypto 101 📚 BNB Chain
BSC launched in September 2020 under the name Binance Smart Chain, and was renamed BNB Smart Chain in 2022.
BNB has a quarterly burn mechanism, with the ultimate goal of gradually reducing the total supply to 100 million tokens.
Me in the past: Place the order first, ask questions later. Me now: Read the instructions first.
Transfers and contract calls on BNB Chain are settled with $BNB in fees.
Data is from public sources. Please verify it for yourself.
BSC launched in September 2020 under the name Binance Smart Chain, and was renamed BNB Smart Chain in 2022.
BNB has a quarterly burn mechanism, with the ultimate goal of gradually reducing the total supply to 100 million tokens.
Me in the past: Place the order first, ask questions later. Me now: Read the instructions first.
Transfers and contract calls on BNB Chain are settled with $BNB in fees.
Data is from public sources. Please verify it for yourself.