• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

BURNmas: BONKDAO's Ambitious Plan to Burn 1 Trillion Tokens

user avatar

by Giorgi Kostiuk

a year ago


The BURNmas campaign, starting on November 15, aims to burn 1 trillion BONK tokens by December 25. Organized by BonkDAO, this initiative invites the community to participate in a variety of token burning activities.

BURNmas Campaign Launch

The campaign began on November 15 at 12:01 am UTC and will continue until December 24. The final burn is scheduled for December 25, when all accumulated BONK will be incinerated, greatly reducing their overall supply.

How BURNmas Works

Participating in BURNmas involves five activities:

1. Using the #LetsBONK hashtag on social media. Each mention burns 1,000 BONK tokens. 2. Attracting new followers on Instagram, TikTok, and YouTube. Each new follower results in the burning of 10,000 BONK tokens per platform. 3. Viewing *Team BaoBao* animations. Each view burns 10,000 tokens. 4. Betting on BONKbets. Each bet on [Lucky Dragon Tail's BONKbets](https://t.co/72y7UGBr03) results in 50,000 tokens being burned. 5. Sending BONKmark cards via [BONKmark.com](http://BONKmark.com). Each card sent burns 50,000 BONK tokens.

Why Burn Tokens

Token burns reduce the overall supply, potentially increasing the value of the remaining tokens. BONKDAO has previously burned 100 billion BONK, and this ambitious plan to destroy 1 trillion tokens could enhance their value for holders.

The BURNmas campaign showcases the strength and enthusiasm of the BONK community. It's more than a BonkDAO initiative; it's a collective effort to secure the future of the BONK token.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

X Takes Action Against Spam and Automation

chest

X's leadership is taking steps to combat spam and automation on the platform.

user avatarNguyen Van Long

X to Launch Smart Cashtags Feature for Direct Trading

chest

X's new Smart Cashtags feature will allow users to trade cryptocurrencies and stocks directly from their timeline.

user avatarSatoshi Nakamura

Capitulation Signal in Memecoin Market

chest

Santiment reports that the memecoin sector is showing signs of capitulation, indicating a potential turning point.

user avatarJesper Sørensen

Memecoins Experience Significant Market Decline

chest

The memecoin market has seen a sharp decline, with a total market capitalization drop of 34% over the past month.

user avatarRajesh Kumar

Experts Urge Action on Quantum Threats to Bitcoin Security

chest

Experts discuss the urgency of addressing quantum computing risks to Bitcoin's security.

user avatarLucas Weissmann

Tensions Rise Between Bitcoin Holders and Developers Over Quantum Threats

chest

Tensions are rising between significant Bitcoin holders and developers over concerns regarding quantum threats to the network, with potential shifts towards a more centralized development approach.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.