B4NK - Token Utility
B4NK Token Utility
B4NK serves as the protocol utility token on Binance Smart Chain, rewarding holders with 100% of generated protocol fee revenue.
Core Functions
Minting
B4NK tokens are burned when minting xBNB
Redeeming
B4NK tokens are minted when redeeming xBNB
Governance
B4NK holders have voting power in Binance Central Bank DAO
Fee Distribution
100% of protocol fees distributed to B4NK holders
Value Capture Mechanisms
1. Fee Distribution
Protocol fees are generated from every minting and redemption transaction:
Minting Fee: 0.50%
Redeeming Fee: 0.50%
Distribution: BNB and B4NK dividends to locked B4NK holders
All fees collected are distributed to users who stake or lock their B4NK tokens, creating a direct value flow from protocol activity to token holders.
2. B4NK Demand & Value Capture
Capital required for xBNB minting creates natural demand for B4NK as collateral requirement.
When users mint xBNB, they need:
BNB based on the current Collateral Ratio
B4NK for the remaining portion
This creates constant buying pressure on B4NK tokens as the protocol scales and more xBNB is minted.
3. Future Utility
New Synthetic Assets As additional synthetic tokens are added to the protocol, B4NK will serve as collateral for all of them, increasing utility and liquidity for B4NK holders.
DeFi Integrations Future integrations will unlock new trading strategies including derivatives and leveraged farming opportunities.
Early Exit Penalty Revenue 50% of penalty fees from early reward claims are distributed to locked B4NK holders, providing additional income streams.
Token Economics
How to Earn with B4NK
There are multiple ways to earn rewards with your B4NK tokens:
Stake B4NK: Earn BNB platform fees with no lockup period
Lock B4NK: Earn both BNB platform fees AND B4NK penalty fees with 8-week lockup
Provide Liquidity: Earn B4NK emissions by providing B4NK/BNB liquidity
Next Steps: Learn about B4NK tokenomics
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