$BMAIL Token
$BMAIL supply and the buyback funded by premium name registrations. What the contracts enforce, what is policy, and how to verify either yourself.
bMail works end to end without ever touching $BMAIL. Names are registered in BNB, messages are paid for in gas, and stamps are escrowed in BNB. Holding the token buys no feature, no discount and no privileged access, and it never will. Anything that gated a mailbox behind a token would make the inbox rentable again, which is the exact thing this protocol exists to end.
What $BMAIL is
$BMAIL is the asset that captures the revenue bMail already produces. Premium name registrations are the protocol's only source of income; that income is used to buy the token on the open market. The token is therefore a claim on the protocol's commercial activity, not a component of it.
This page separates two very different kinds of statement, and you should read them differently. Some facts are enforced by contract. Nobody can change those, including us, and you can verify them from chain state. Others are policy: commitments we intend to keep, publicly auditable after the fact but not machine-enforced. Every claim below is labelled.
Supply
A fair launch on a bonding curve means there was no allocation round to be early to. There is no wallet holding tokens it did not pay for, so there is no unlock schedule hanging over the chart and no cohort whose cost basis is zero.
Supply and distribution are the easiest claims on this page to falsify. Pull the holder list from any BSC explorer and look at the top wallets and their first acquisition. If the distribution described here were untrue, it would be visible in about a minute.
No trading tax
$BMAIL carries no tax in any direction. A tax is a running cost on every holder, and it quietly transfers the position from the holders to whoever collects it. There is no such collector here: what you trade is what you get, and there is no levy to audit, adjust, or abuse.
Buybacks, funded by premium names
Names of five characters or more cost nothing beyond gas, and always will. Three- and four-character names carry a fee, and that fee is the protocol's entire revenue. It is directed into open-market purchases of $BMAIL.
| Name length | Fee | Where it goes |
|---|---|---|
| 3 characters | 1 BNB | Buyback |
| 4 characters | 0.25 BNB | Buyback |
| 5 or more | 0 | Gas only. No fee is charged |
The scarcity here is real and permanent rather than manufactured. There are only 46,656 possible three-character names and 1,679,616 four-character ones under the character rules in Identity and names, every one of them is issued exactly once, and none of them can ever be re-minted. Revenue is therefore bounded and non-recurring by construction. That is worth stating plainly, since a token page implying otherwise would be describing a different asset.
What is enforced, and what is not
The fee itself is enforced. MailRegistry refuses to register a
short name without it, holds it in the contract, and only the owner address can
withdraw it. The price schedule is public in price3 and
price4, and any change to it emits PricesSet, so a
silent reprice is not possible.
The buyback is policy, not code. The registry has no knowledge of $BMAIL and cannot buy it; the proceeds are withdrawn and then spent on the open market. We are stating this directly because the alternative, an implied on-chain guarantee that does not exist, is the more common and less honest framing. What makes the commitment checkable is that both halves are public: the withdrawal from the registry is a transaction, and so is the purchase that follows it.
Verifying this yourself
Nothing on this page asks for trust that cannot be withdrawn. Each claim maps to something you can query.
The fee is what we say
Read price3 and price4 directly from
MailRegistry at
0x8030a9Af5585159bb8587A9143fDE83e0e0dfCAc on BNB Smart Chain.
They are public view functions and need no wallet.
Revenue is traceable
Every premium registration emits Registered, and every
withdrawal emits Withdrawn. The gap between what came in and
what went out is a matter of public record, not of reporting.
Buybacks are transactions
A buyback that did not happen leaves no trace, which cuts both ways: the absence of purchases following a withdrawal is equally visible. Judge the commitment on the chain, not on this paragraph.
Supply is fixed
Total supply is set at deployment and there is no mint function to raise
it. Read totalSupply once and the number is settled.
$BMAIL is a volatile asset with no redemption right, no claim on any entity, and no promise of value. Registration revenue is bounded by a finite supply of short names and may be small or may stop entirely. Buybacks are discretionary and depend on revenue existing. Development may not deliver on the roadmap. You should assume you can lose everything you put in, and you should verify every claim on this page yourself before you act on any of it.