BinanceCoin is a platform currency issued by Coin, abbreviated as BNB. Its total issuance volume remains constant at 200 million, and it is guaranteed never to be reissued
BinanceCoin is a platform currency issued by Coin, abbreviated as BNB. Its total issuance volume remains constant at 200 million, and it is guaranteed never to be reissued. 50% for ICO, 40% for founding team, and 10% for angel investors. The part of the founding team is divided into 5 years of execution, with an annual revenue of 16 million yuan, which avoids excessive sales pressure in a short period of time.
As of now, BNB ranks 15th in global digital assets with a market value of 189 million US dollars.
BNB Value and Repurchase Mechanism
1. Discount deduction of transaction fees on the Coin Security platform
Users who participate in transactions on the Coin Security platform, regardless of the type of token they are trading, will receive a discount on the transaction fee if they hold a sufficient amount of BNB when paying the transaction fee. The system will convert the equivalent amount of BNB based on the market value at that time and use BNB to complete the payment of the fee.
Note: There is no discount for discount rates of 50%, 25%, 12.5%, and 6.75%.
2. Repurchase mechanism
Every quarter, 20% of the net profit of the current quarter on the Coin Security platform will be used to repurchase BNBs. The repurchased BNBs will be directly destroyed, and the repurchase records will be published as soon as possible. Users can query through the blockchain browser to ensure transparency and transparency until a total of 100 million BNBs are destroyed.
As the market circulates more and more, the number of coins and coins will decrease. According to various indicators, the market value of such coins and coins will appreciate because they will not fluctuate significantly with the market, so many people will still hold coins and coins.
3. Decentralized trading "fuel"
In the future, BNB will be the fuel for the decentralized online trading platform of Coin An. When using the decentralized trading platform of Coin An, BNB is required. Including various diversified functions such as deduction of handling fees and rewards.
So BNB has natural deflationary and appreciation properties, as well as PE imagination space.
Long term value analysis of BNB
Although Coin An used recycling and destruction of BNB to stabilize the market price, Coin An stated that it did not intend to distribute dividends to BNB holders. That is to say, the dividends that BNB holders can enjoy now do not exist, and having BNB does not mean they can become shareholders' dividends.
Considering the preferential policies of other exchanges and the intensification of industry competition, especially when facing difficulties or pressure on BNB prices, it is entirely possible for Coin An to launch a dividend plan when facing difficulties.
After competition in the market industry, there will be a reshuffle and the elimination of some exchanges. Therefore, the advantages of powerful large exchanges need to be demonstrated. From the perspective of the strong background of Coin An, Coin An Coin may mix well in the future.
BNB price trend this year
Ratio of trading to trading volume
This article is only from the perspective of Chain Knowledge and does not provide any investment advice!
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