PIN is a token launched by Binance with practical application scenarios and value, serving as the proof of rights within the Binance ecosystem. The total issuance of PIN is 2.1 billion, currently operating as an ERC-20 token with no plans for additional issuance.
As a token with genuine application scenarios and value, its planned use cases include:
Participation in Decision-Making: PIN holders can participate in community decision-making through various methods, contributing to community governance.
Election and Oversight: Binance will establish a community council with regular rotations, allowing all PIN holders to participate in council elections and monitor the operational status of the platform and the diligence of council members.
Token Privileges: Users holding a certain amount of tokens can enjoy additional privileges such as fee discounts, dedicated customer service, multiple incentives for PIN, and offsetting transaction fees.
Incentive Bonuses: We encourage users to participate in community building. Partners who contribute constructively to the development of the community will receive a corresponding amount of PIN rewards.
Binance Store (PIN SHOP): Binance will gradually introduce branded products, allowing users to purchase products they are interested in using PIN.