$BNB Token Rights
Updated Mar 24, 2026Overview
- Token(s)
- BNB
- Token Type
- GovernanceUtilityNetwork
- Utility
- Gas, Staking, Protocol Access, Fee Discounts
BNB is used for gas fees, staking, governance, and Binance exchange benefits (trading fee discounts, VIP tiers, Launchpad access).
Governance Rights
ControlBEP-297 introduced the native governance module for BNB smart chain. When BNB holders delegate BNB to a validator, the system mints an equivalent amount of staking credits. Any staking credit holder is allowed to propose and vote, and holders can delegate to someone else to participate in governance. Governance can implement core contract upgrades, performance optimizations or fee adjustments.
Governance Decisions
The workflow of the governance module consists of three stages: submit proposal, cast vote, and execute proposal. Each stage has its own requirements and parameters, which can be configured by the BNB smart chain governance.
Treasury Decisions
BNB Foundation controls the Builder Fund and incentive programs.
Revenue Decisions
Governance can control system parameters including fee changes, gas limits and the ratio of burned tokens.
Fee Switch
OFFResources
Primary Value Accrual
Deflationary supply reductionEconomic Rights
Value CaptureBNB Stakers receive staking rewards from validators who earn a portion of the transaction fees collected by that validator. BNB's stated goal is to reduce supply to 100M tokens. The chain is working toward this using a quarterly auto-burn and a real-time burn through BEP-95.
Buybacks
N/ANo buyback mechanism is currently active
Dividends
N/ANo dividend or revenue distribution is currently active
Burns
ActiveA portion of gas fees from every transaction is burned. Each quarter, a formula using the price of BNB and the number of blocks generated automatically burns tokens.
Ownership
- Equity Revenue Capture
- Unknown
- Associated Entities
- DAOFoundationYZi Labs