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Documentation Index

Fetch the complete documentation index at: https://docs.binibit.com/llms.txt

Use this file to discover all available pages before exploring further.

Tokenomics view

The full Tokenomics → BINI Sinks page covers the deflationary mechanics in depth.

Eight mechanisms

#MechanismWhat BINI doesType
1GasPays for every BiniChain transactionSink (partial burn / validator)
2StakingLocked on Binibit Exchange for 30/90/180/360 days at 160% APRLock
3DEX trade burn0.25% of every BaiDEX swap is burnedPermanent burn
4Lottery burn20% of every BINI lottery ticket is burnedPermanent burn
5Spawn feeAgent Token spawn cost is paid in BINI and burnedPermanent burn
6Premium / boostToken visibility boosts on AgentT Launchpad consume BINISink (partial burn)
7Bridge gasBridges A and B consume BINI for transaction executionSink
8LP lockingwBINI side of BaiDEX pools is locked while LP position is openLock

Permanent burns (sinks 3, 4, 5)

These three sinks send BINI to a burn address with no recovery path:
DEX swap:    0.25% × swap volume          (permanent)
Lottery:     20% × ticket revenue         (permanent)
Spawn:       100% × spawn cost per AT     (permanent)
The combination scales with DEX volume, lottery activity, and Launchpad adoption respectively. Each independently creates deflationary pressure.

Locks (sinks 2, 8)

These reduce effective float — BINI exists but cannot trade for the duration:
Lock typeDurationReturns when
Staking30 / 90 / 180 / 360 daysStake matures or user unstakes (if early withdraw allowed at penalty)
LP wBINI sideIndefiniteLP position is closed
Locked BINI doesn’t reduce total supply, but it reduces sell pressure during the lock.

Gas (sink 1)

Every BiniChain transaction pays gas in BINI. Depending on chain configuration:
  • Burned — gas is permanently removed from circulation (Ethereum-style EIP-1559)
  • Paid to validators — gas goes to validators as block reward
  • Hybrid — some burned, some to validators
The exact split is documented in the BiniChain reference.

Bridge gas (sink 7)

Bridges A and B execute on BiniChain — they consume BINI gas. This is the same mechanism as #1 but worth calling out: Bridge B (off-chain BINI → native) consumes BINI, so bridging is itself slightly self-funding from a sink perspective.

DEX volume → burn projection

At a constant DEX volume of $V/day with 1% total fee, 0.25% burned:
Daily burn (in $) = V × 0.0025

Daily burn (in BINI at $0.12) = V × 0.0025 / $0.12
Daily volumeDaily burn ($)Daily burn (BINI)
$100K$2502,083
$1M$2,50020,833
$10M$25,000208,333
$100M$250,0002,083,333
At $10M daily volume, the DEX burn alone removes ~76M BINI/year — comparable to Year 4’s monthly emission rate.

Spawn cost → burn projection

If 100 Agent Tokens spawn per day at a hypothetical 100 BINI/spawn:
Daily Spawn burn = 100 × 100 = 10,000 BINI/day = ~3.65M BINI/year
The exact spawn cost is being finalized.

Lottery burn projection

Lottery launches in Phase 2 of the Bini App rollout. Once active, 20% of every BINI ticket is burned. Numbers depend on ticket pricing and frequency — not yet finalized.

Net long-term effect

Combined permanent burns:
   DEX trade burn        + ~76M / year (at $10M daily volume)
+  Lottery burn          + TBD
+  Spawn fee burn        + ~3.65M / year (at 100/day, 100 BINI/spawn)
─────────────────────────────────────────────────────────
   Total permanent burn  ≈ 80M+ / year (with healthy adoption)

vs Year 4 emission:        90M / year
vs Year 5+ emission:       0
Once adoption hits the targeted volume levels, annual burns approach annual emission in years 3-4 and exceed emission in years 5+. This is when BINI becomes net deflationary.

Tokenomics: BINI Sinks

Full mechanism details

Emission

The supply side

BaiDEX

Source of sink #3 (DEX trade burn)

AgentT Launchpad

Source of sink #5 (Spawn fee)