Market cap
$82.35K
BNSD Finance (BNSD)
$ 0.00
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updated $0Market cap$82.35K
Volume 24h$0
All-time high$0.28-100% from peak · 2020-09-12
BNSD Finance (ticker: BNSD) is a cryptocurrency token associated with a DeFi project that launched on the Binance Smart Chain. In simple terms, it's a governance and farming token: holders can stake it to earn rewards and take part in decisions about the platform's development. It belongs to the same ecosystem family as the BNS token, with BNSD positioned as its longer-term counterpart.
Frequently asked questions
What is BNSD and how is it different from other tokens?
BNSD is the token of BNSD Finance, a DeFi protocol built on Binance Smart Chain. Unlike many farming tokens that unlock quickly, BNSD was designed with a long emission schedule, which its creators intended to keep the project running for years rather than weeks. It also functions as a governance token, giving holders a say in platform decisions.
How does BNSD Finance work technically?
The project runs on Binance Smart Chain, which uses a Proof-of-Staked-Authority consensus — a hybrid of proof-of-stake and a set of approved validators. This allows fast transactions and low fees compared to older blockchains. Smart contracts handle staking and reward distribution automatically, without intermediaries.
How is the BNSD supply and emission structured?
BNSD follows a fixed, gradually decreasing emission model: the number of tokens released per block declines over time according to a predetermined schedule. There is no unlimited minting, and the total supply is capped. This design was meant to reduce inflationary pressure as the project matures.
Where and how can you store BNSD?
Since BNSD is a BEP-20 token, any wallet that supports Binance Smart Chain works — for example, MetaMask or Trust Wallet with the BSC network enabled. You can keep tokens in the wallet for safekeeping or stake them in the protocol's farming pools to earn additional rewards. Always double-check contract addresses before interacting with any DeFi platform.