![]() Holding BNB gives you the right to make your voice heard and is necessary to participate in BNB Chain’s decentralized on-chain governance. ” Along with fueling transactions on BNB Chain (similar to gas on Ethereum), BNB also acts as a governance token. BNB Chain’s mission is to build the infrastructure powering the world’s parallel virtual ecosystem, and BNB Chain’s commitment to the community is that it will be:īNB Beacon Chain (previously Binance Chain) - BNB Chain Governance (Staking, Voting)īNB Smart Chain (BSC) (Previously Binance Smart Chain) - EVM-compatible, providing consensus layers, with hubs to multi-chainsīNB (formerly known as Binance Coin) stands for “Build and Build. MetaFi is a key part of this process, helping to create a future where interoperability makes lives easier. Innovation never sleeps, and it’s clear that the future goes Beyond Binance into a world of over 1 billion users. ![]() Today, Binance Chain and Binance Smart Chain (BSC) have become BNB Chain. For BNB to reach its true potential, Binance and BSC must set sail on different courses. The vision is that one day everyone will own BNB, so it’s necessary to set it free. BNB has its own living, breathing ecosystem, together with BSC. Today, both Binance and BSC remain connected by BNB.īNB is much more than just Binance. ![]() BSC was born in time for the DeFi revolution, as the public showed increased interest in alternative financial solutions and use cases powered by blockchain. As Binance grew bigger and stronger, so did Binance Smart Chain. Three years later, Binance Smart Chain (BSC) was introduced to the world. Through the concept of MetaFi, BNB Chain will underlie the world’s virtual ecosystem infrastructure.īNB, which stands for “Build and Build” (formerly called Binance Coin), is the blockchain gas token that fuels transactions on BNB Chain. Binance Chain and Binance Smart Chain have merged to become BNB Chain.
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