CoinShares Crypto Rebalance Brings BNB Into DIME

What BNB Does BNB functions as the native token of the BNB Chain ecosystem, powering transactions across BNB Smart Chain, opBNB Layer 2 networks, and BNB Greenfield storage, according to CoinMarketCap. Token holders use BNB to pay transaction fees and participate in the network's on-chain governance. The network also implements a quarterly "burn†mechanism that permanently removes BNB from circulation, creating deflationary pressure on token supply. The broader stablecoin network, which BNB Chain supports, p ...