Binance Proposes Donating BNB via Giggle Fund Token to Giggle Academy, Where Half of Tokens Will Be Burned and the Other Half Converted to BNB

According to COINOTAG News, CZ outlined a community-built framework for the Giggle Fund Token contract that will directly donate BNB to Giggle Academy‘s public donation address. The plan envisions a transparent, contract-driven allocation to support education and community philanthropy.

Binance proposed to donate its trading fees in the form of Giggle Fund Token, with Giggle Academy burning half of the received tokens and converting the remainder into BNB. The workflow centers on a two-party donor-recipient model designed for traceable transfers.

Some observers question how a donation can be burned, but the framework confines activity to the two primary actors—donor Binance and recipient Giggle Academy—with the transaction fee attributed to Binance. Giggle Academy, a non-profit educational platform, expresses gratitude to the community and notes ongoing governance review.