$NPH Token Overview
The $NPH token is the native utility and governance token of the BNHP ecosystem. It is designed to align the incentives of all protocol participants — developers, liquidity providers, validators, and community members — toward the long-term success of the network.
Token Details
| Parameter | Value |
|---|---|
| Token Name | BNHP Protocol Token |
| Token Symbol | $NPH |
| Total Supply | 1,000,000,000 (1 Billion) |
| Token Standard | ERC-20 |
| Chain | BNHP Chain (L2) + Ethereum Mainnet |
| Contract Address | TBA at launch |
Token Utility
The $NPH token serves multiple functions within the BNHP ecosystem:
Governance. $NPH holders can submit and vote on protocol improvement proposals (BIPs — BNHP Improvement Proposals). Voting power is proportional to the amount of $NPH staked in the governance contract.
Staking & Security. Oracle node operators and validators must stake $NPH as collateral to participate in the network. Stakers earn a share of protocol fees as rewards, while malicious behavior results in slashing.
Fee Discounts. Users who hold or stake $NPH receive discounts on DEX trading fees, oracle query fees, and bridge fees. Discounts scale with the amount of $NPH held.
Liquidity Mining. Liquidity providers on the BNHP DEX earn $NPH rewards in addition to trading fees, incentivizing deep liquidity across all supported trading pairs.
Ecosystem Grants. A portion of the treasury is allocated to fund grants for developers building on the BNHP protocol, distributed through community governance.