BNSx
  • Introduction
  • Token Overview
  • Functionality
  • Token Economics
  • Identity System
  • Roadmap
  • Overview
  • Media Files
  • Burn Mechanism
    • Burn Mechanism for Domain Reservation
    • Burn Mechanism for Annual Domain Renewal
  • How to
    • How to register an BNSX domain name(DID)
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Identity System

  • Token Burning for Domain Reservation: Users can burn BNSX tokens to reserve short domains, enhancing security and preventing misuse.

  • NFT Validity: NFTs acquired during domain registration are perpetual and support secondary market transactions.

  • Annual Registration Fee: A recurring fee, similar to ENS, ensures the continued use and integrity of registered DIDs. A portion of the fee is utilized for token buybacks and burning.

Last updated 1 year ago