$BMAX is the utility token of the BinanceMax project, it is 100% community-owned.
The Bmax token is a self-automated liquidity generation and auto-burning token with a smart, reflective staking mechanism; there is an automatic 5% tax on every transaction (transfer, buy or sell actions)
Bmax has a very low supply of 1,000,000,000,000 tokens; this will help to build up Bmax price faster.
Upon token development, 20% of the supply will be totally destroyed, reducing the supply to 800 billion BMax token only (800,000,000,000). As more people make use of BMax the supply will keep reducing, based on the auto-burning feature of the smart contract.