Learned by 36 usersPublished on 2024.04.01 Last updated on 2024.10.15
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Introduction to vBNB (Venus BNB) Cryptocurrency
vBNB is a cryptocurrency built on the Binance Smart Chain (BSC) and is part of the Venus protocol. Venus is a decentralised lending and stablecoin protocol that allows users to lend and trade on BSC. vBNB is the native token of the Venus protocol, used for paying interest, collateralising assets, and participating in the governance of the protocol.
Main Features:
Summary: vBNB is the native token of the Venus protocol, featuring decentralisation, stablecoin, and lending functions, used for paying interest, collateralising assets, and participating in protocol governance.
BNB (Binance Coin) was founded by Changpeng Zhao, who is the founder and former CEO of Binance exchange.
Chief Executive Officer. Zhao Changpeng raised $15 million through an Initial Coin Offering (ICO) in 2017 for the issuance of BNB.
VBNB is a cryptocurrency primarily used for decentralized finance (DeFi) applications on the Binance Smart Chain. Below are some venture capital firms and investment institutions that have invested in or are related to VBNB:
BNB的用途:
交易费用:BNB用于在Binance交易所支付交易费用,并提供折扣。
网络共识:BNB参与BNB链的共识机制,通过质押(Staking)来验证交易。
生态系统应用:BNB在BNB链生态系统中用于各种应用,如预定机票、酒店、餐厅、购买音乐版权、参与拍卖、借贷等。
BNB的历史:
ICO:BNB于2017年7月通过首次代币发行(ICO)推出,最初是基于以太坊的ERC-20代币。
主网:2019年,Binance推出了自己的原生区块链Binance Chain(BC),BNB转移到BC上。
BNB链的特点:
BNB Smart Chain: BNB Smart Chain is a part of BNB Chain, supporting smart contracts and EVM compatibility.
PoSA Consensus: BNB Chain employs a hybrid consensus mechanism of Proof of Stake (PoS) and Proof of Authority (PoA), requiring a minimum staking of 10,000 BNB.
Value of BNB:
Supply and Demand: The value of BNB is determined by market supply and demand dynamics, including its use on the Binance exchange and the number of holders.
Burning Mechanism: Binance uses 20% of its profits each quarter to buy back and burn BNB, reducing the supply and increasing its value.
In summary, BNB is a multifunctional cryptocurrency used for paying transaction fees, participating in network consensus, and various applications within the BNB Chain ecosystem. Its value is influenced by market supply and demand dynamics and Binance's burning mechanism.