Wednesday, June 4, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

BNB Gold Brings a New Meaning to Hodling, Here’s Everything You Should Know

by firstcryptonews
November 2, 2021
in Press Release
BNB GOLD

Today there are hundreds of tokens out there which are surging to new all time highs basking in the glory of the ongoing bull run, but only a few will survive the test of time. Most of the tokens try to milk on the trend without a long term goal and that reflects either in their heavy token issuance or very centralized functioning. Apart from Bitcoin, there hasn’t been any considerable contender for store of value token, and Binance Gold, a BSC based BEP-20 token aims to do just that with its innovative defi approach.

Binance Gold ($BNBG) is a collectible token for long term investment with regular burns creating an increasingly rare asset. Instead of taking the common route of launching a quadrillion token and then burning just a bunch to claim deflation, $BNBG on the other hand has a very limited supply of 100 million tokens. Out of these 100 million 25% has already been burnt, taking the total supply to 75 million. $BNBG aims to revolutionize the Defi staking and yield farming industry which has been on the decline in recent times.

Scarcity and regular burning would make the token more valuable as evident from the Binance token itself. Binance token earlier had a quarterly burn program which has helped the token surge by nearly 10X in March this year. However, Binance has now voted for a continuous burning program quite similar to Ethereum Eip1559, that burns tokens with each transaction, making it scarcer. The scarcity has proven to be a great stimulus for the price of the token as evident from Ether’s price momentum after the introduction of token bruning program.

What Makes $BNBG a Token Worth Hodling For Long Term

$BNBG takes passive income to the next level with its no nonsense reward system. The token holders start earning directly from passive income as 9% of every transaction is shared with holders in $BNB. To ensure ample liquidity and safety of funds, liquidity is locked and auto added as well as Burnt with each transaction, making it quite safe. 

Decentralized Finance or Defi rose to popularity in 2020 and within two years it has become a multi-billion dollar industry thanks to its passive income, decentralized banking facilities that made it popular in the mainstream. Now BNB Gold aims to take the staking and passive income to a new level with its limited supply and continued buyback and burn. The native token will become a new favorite of holders because of the quality that it possesses. The project has already cleared its first KYC-audit as the project got doxed making it more reliable for investors. The project also completed its first manual burn and has already been listed on Coin Arena as well as available for purchase on Pancake swap.

BNB Gold’s buy back program is one of the key aspects of its liquidity, token value and passive income.  3% of every transaction is purchased and then burned, in this way, the number of tokens decreases, so this one becomes more and more rare and this increasing all hodler’s values from each transaction.It also stabilizes the price by buybacks of the tokens, this provides a form of liquidity since being burned tokens cannot be be sold or recirculated. 

A Project Intended For Long Term Investment

Cryptocurrencies might be popular for being volatile and people making loads of money during bull markets. However, what many ignore is that the number of people losing their money during these volatile markets is higher than making big, thus new entrants and long term investors look for tokens and assets with potential to remain active and offer good dividends on their investment. BNB Gold has been designed keeping in mind these hodlers who look for a long term investment,

$BNB Gold would ensure a long liquidity mechanism through its burn process to keep the hodlers interested all along. Most of the traders abandon a project as soon as the liquidity and yield rewards end, however, with a 9% auto passive reward system and continuous burn program, $BNBG could become the next store of value token and an inflation hedge for investors from all walks of life be it retail or institutional investors.

To learn more about BNB Gold visit www.bnb-gold.org

Twitter : https://twitter.com/bnbg_official

Telegram : https://t.me/BNBG_official

Related Posts

ANTS Officially Launches, Aiming to Revolutionize Meme Coin Market

ANTS Officially Launches, Aiming to Revolutionize Meme Coin Market

by firstcryptonews
June 4, 2025
0

In 2025, the cryptocurrency market saw the introduction of ANTS, an innovative project quickly gaining attention from global investors. Built...

From Hype to Maturity: How Cryptocurrency Is Shaping Global Finance in 2025

From Hype to Maturity: How Cryptocurrency Is Shaping Global Finance in 2025

by firstcryptonews
June 3, 2025
0

Once considered the “wild west” of finance, cryptocurrency has grown up. Over the past few years, we’ve seen Bitcoin evolve...

Nomoex Launches the World’s First Multi-L1 Layer 2 Blockchain for Finance

Nomoex Launches the World’s First Multi-L1 Layer 2 Blockchain for Finance

by firstcryptonews
June 3, 2025
0

Bengaluru, India | June 1, 2025 — In a breakthrough moment for the blockchain industry, Nomoex — a leading crypto...

MoonLad Launches: A Meme Token with Purpose, Utility, and Community on the Solana Blockchain

MoonLad Launches: A Meme Token with Purpose, Utility, and Community on the Solana Blockchain

by firstcryptonews
May 31, 2025
0

May 24, 2025 — In a world where internet culture and blockchain innovation increasingly overlap, a new digital asset is...

CV5 Capital Announces Standout Performance of Cryptanium Fund I SP, Beating Industry Benchmarks

CV5 Capital Announces Standout Performance of Cryptanium Fund I SP, Beating Industry Benchmarks

by firstcryptonews
May 30, 2025
0

George Town, Grand Cayman – 26 May 2025 – CV5 Capital, is pleased to announce that Cryptanium Fund I SP,...

Connect and the WIN Blockchain Launch the World’s First Social Impact Platform with Learn2Earn Integration

Connect and the WIN Blockchain Launch the World’s First Social Impact Platform with Learn2Earn Integration

by firstcryptonews
May 24, 2025
0

May 23, 2025 – On a live community call with over 500 attendees, Connect, in collaboration with Win Blockchain community...

Next Post
Dreams Quest

Dreams Quest (DREAMS) Officially Listed On KuCoin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

UniSpace launches The Cross-Chain Wallet for Web 3.0

UniSpace launches The Cross-Chain Wallet for Web 3.0

2 years ago
Over 1.5 Million Coins May Have Been Permanently Lost On The Bitcoin Network

Over 1.5 Million Coins May Have Been Permanently Lost On The Bitcoin Network

6 years ago
FIFA World Cup 2022: Bet on your favourite team using Obolo.Finance

FIFA World Cup 2022: Bet on your favourite team using Obolo.Finance

3 years ago
Promising blockchain project Tokoin raised an undisclosed investment from DWF Labs despite “crypto-winter”

Promising blockchain project Tokoin raised an undisclosed investment from DWF Labs despite “crypto-winter”

3 years ago
Levolution ico

LISTING OF LEVL ON A SECOND EXCHANGE


6 years ago
BitConey Token – Simple yet innovative game reward token to reach masses and has a massive growth potential

BitConey Token – Simple yet innovative game reward token to reach masses and has a massive growth potential

2 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Colle AI Drives Platform Expansion Through Targeted Developer Optimization Features

Colle AI Drives Platform Expansion Through Targeted Developer Optimization Features

June 3, 2025

Press Release

ANTS Officially Launches, Aiming to Revolutionize Meme Coin Market

ANTS Officially Launches, Aiming to Revolutionize Meme Coin Market

June 4, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News