# iBNB (IBNB)

**Type:** Token
**Source:** [View on Coinpaprika](https://coinpaprika.com/criptomoeda/ibnb-ibnb/)

---

## About

iBNB, trading under the symbol IBNB and associated with ibnb.finance, is a token that brands itself as a reflection token. This type of token typically redistributes a percentage of each transaction to existing token holders. The core concept of iBNB is to incentivize holding the token by rewarding holders with passive income in the form of more tokens. This reflection mechanism aims to create a sense of community and encourage long-term investment. Further details regarding the specific reflection rate, transaction fees, and underlying smart contract code are important considerations for potential investors. iBNB's success relies on factors such as the volume of transactions, the strength of its community, and the overall market sentiment towards reflection tokens. The project's roadmap might include plans for expanding its ecosystem, developing new utilities for the token, and increasing its visibility within the cryptocurrency market. Investing in reflection tokens carries inherent risks, including price volatility, dependence on transaction volume, and potential regulatory scrutiny. It is crucial to conduct thorough due diligence and understand the mechanics of the reflection mechanism before participating in the iBNB ecosystem. Potential users and investors should carefully evaluate the potential rewards and risks associated with holding iBNB. iBNB seeks to provide a passive income opportunity for its holders by leveraging the reflection mechanism inherent in its token design.

