Validators process transactions and receive fees from users (supply-side fees).

BNB Chain is a smart contract platform for decentralized applications (a blockchain). BNB Chain was founded by Changpeng Zhao and launched in 2020.

BNB holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue).

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Blockchains (L1)

BNB Chain

# BNB Chain Token incentives Methodology

## 1. Overview

The BSC token incentives metric measures the USD value of token rewards distributed by the BNB Smart Chain protocol to users, validators, or other participants. For BSC, this metric is explicitly set to zero as the protocol does not distribute token incentives through the mechanisms tracked by this calculation. The metric maintains the same temporal coverage and chain structure as other BSC metrics to ensure consistency in the analytics framework.

## 2. Data sources

The calculation references the following data sources to maintain structural consistency:

- **BSC blockchain transaction records**: BSC mainnet transaction data including gas usage, gas prices, and transaction metadata
- **opBNB blockchain transaction records**: Layer 2 transaction data from opBNB including L1 and L2 gas components
- **End-of-day BNB price feeds**: Price data for BNB token used for USD conversion in related metrics
- **Token metadata**: Information about WBNB token (`0xbb4cdb9cbd36b01bd1cbaebf2de08d9173bc095c`) used as BNB price proxy

Note: While these sources are referenced for structural consistency, the actual token incentives values are hardcoded to zero.

## 3. Step-by-step calculation

### Component A: Time dimension extraction
- **Purpose**: Establish the temporal framework and chain coverage for the token incentives metric
- **Logic**: Extract timestamp boundaries, granularity settings, product identifiers, and chain identifiers from the existing fees calculation to ensure the token incentives metric covers the same time periods and chains (BSC mainnet and opBNB) as other protocol metrics
- **Key fields**: `timestamp`, `timestamp_grain` (set to 'day'), `product_id` ('bsc' for mainnet, 'opbnb' for layer 2), `chain_id`

### Component B: Token incentives assignment  
- **Purpose**: Set the token incentives value for all time periods and chains
- **Logic**: Assign a value of 0 to the `token_incentives` field for all records, reflecting that BSC does not distribute token rewards through the mechanisms measured by this metric. This is a business logic decision based on the protocol's tokenomics structure
- **Key fields**: `token_incentives` (hardcoded to 0)

### Final aggregation
- **Combining components**: The time dimensions are combined with the zero incentives values to create complete daily records for both BSC mainnet and opBNB
- **Currency conversion**: No currency conversion is required since all values are zero
- **Time aggregation**: Data is aggregated at daily boundaries matching the underlying transaction data structure
- **Final calculation**: The final metric value is 0 USD for all days and chains, processed through validation and gap-filling logic to ensure complete time series coverage with zero values where data gaps might exist

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

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Token incentives

Token incentives

Competitive landscape

Chain breakdown