#BTCBreaksATH BNB (Build and Build) is the native cryptocurrency of the BNB Chain, which powers the Binance ecosystem. Here's a quick overview:

🔹 What is BNB?

BNB was originally launched in 2017 as Binance Coin, an ERC-20 token on Ethereum. It was later moved to Binance Chain, and now primarily operates on the BNB Smart Chain (BSC) — a blockchain that supports smart contracts and decentralized apps (DApps).

🔹 Main Uses of BNB:

Trading Fee Discounts on Binance Exchange

Gas Fees on BNB Smart Chain

Token Launches via Binance Launchpad

DeFi Protocols (staking, yield farming, lending)

NFT Marketplace Payments

Payments in real-world applications (e.g., travel, gaming)

🔹 BNB Chain Components:

BNB Beacon Chain (formerly Binance Chain) – governance, staking, and BNB transfers

BNB Smart Chain (BSC) – EVM-compatible, supports smart contracts

🔹 BNB Tokenomics:

Initial Supply: 200 million BNB

Current Supply: Reduced through **quarterly