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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# BNB Chain Maximum token supply Methodology

## 1. Overview

The BSC maximum token supply metric represents the theoretical maximum number of BNB tokens that can exist on the Binance Smart Chain. This is a fixed protocol parameter that defines the upper limit of token supply, established at the network's launch. Unlike circulating supply metrics that change over time based on on-chain activity, the maximum supply is a static constant that serves as a reference point for tokenomics analysis and supply inflation calculations.

## 2. Data sources

This metric relies on protocol documentation and specifications rather than dynamic blockchain data:
- **Protocol specifications**: Official BSC tokenomics documentation defining the maximum token supply
- **Network launch parameters**: BSC mainnet deployment specifications from September 2017
- **Token contract specifications**: BNB token contract deployment records establishing supply constraints

## 3. Step-by-step calculation

### Component A: Static maximum supply definition
- **Purpose**: Define the theoretical maximum number of BNB tokens
- **Logic**: The maximum supply is hardcoded as 200,000,000 BNB tokens based on the protocol's tokenomics design established at launch. This represents the absolute upper limit of tokens that could theoretically exist, regardless of current circulating or total supply
- **Key fields**: `token_supply_maximum` set to 200,000,000, `timestamp` anchored to BSC launch date of September 16, 2017

### Component B: Time series formatting
- **Purpose**: Structure the static value as a time-series metric for consistency with other Token Terminal metrics
- **Logic**: The hardcoded maximum supply value is formatted with a daily timestamp granularity starting from the BSC launch date. A forward-fill strategy ensures this static value is available for all subsequent dates in historical and ongoing analysis
- **Key fields**: `timestamp_grain` set to daily intervals, `data_id` labeled as 'bsc' for project identification

### Final aggregation
- **Combining components**: No aggregation is required as this is a single static value
- **Currency conversion**: No currency conversion needed as this represents token count, not monetary value
- **Time aggregation**: The static maximum supply value is made available across all daily timestamps from the launch date forward using a forward-fill approach
- **Final calculation**: The final metric value is exactly 200,000,000 BNB tokens as the theoretical maximum supply for all time periods since BSC launch

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

Maximum number of tokens that can exist under the current token economics.

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Maximum token supply

Maximum token supply

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