Binance Coin (BNB) is the core token launched by the world's leading blockchain ecosystem, Binance. Initially issued on Ethereum, it later migrated to BNB Chain. BNB has multiple uses in the ecosystem, including paying transaction fees, participating in Launchpad projects, interacting with on-chain applications, and ecological governance. As BNB Chain continues to develop in the fields of DeFi, GameFi, and Web3, the application scenarios for BNB are constantly expanding, and the deflationary mechanism has enhanced its long-term value support, making it one of the representative mainstream assets in the blockchain ecosystem.