... later evolved into BNB Chain – a unified network for decentralized applications, where BNB serves as the main asset. Initially, 200 million BNB were issued, and Binance conducts regular quarterly burnings of a portion of the coins, using part of the profits from fees, until it reduces the total supply by 50%. Interesting Facts: BNB started as a utility token – a tool for receiving bonuses on the Binance platform. Coin holders received discounts on trading fees, could participate in token sales ...