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0 sats \ 0 replies \ @cryptocoin OP 8 Feb 2023 \ parent \ on: Binance to Airdrop $100 USD in BNB to Users in the Turkey Earthquake Region bitcoin
BNB was 100% pre-mined, I believe, but the "cap" was at the 200 million token limit, with half of the pre-mined coins sold to the public (ICO).
It offered 10%, or 20 million, BNB tokens to angel investors, 40%, or 80 million, tokens to the founding team, and the remaining 50%, or 100 million, to the various participants through the ICO process.
So while they can't just print more, they can donate from their own stash, either from accumulated profits (which would have been added to their corporate treasury), or from part of their stash that wasn't already circulating.
But it is only $5M worth, ... nothing really that will push down the price by any noticeable amount.
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