• 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

Upbit Eyes Tether Gold Trading with KRW, BTC, USDT

chest

Upbit is reportedly considering the addition of Tether Gold XAUT trading paired with KRW, BTC, and USDT, but this information remains unconfirmed.

user avatarDiego Alvarez

Mexico Implements High Tariffs on Chinese Imports

chest

Mexico will impose tariffs of up to 35% on imports from China starting Thursday to protect domestic industries and address trade deficits.

user avatarElias Mukuru

Grassroots Movement Among Bitcoin Plebs Emphasizes Decentralization

chest

The grassroots movement among Bitcoin plebs emphasizes community engagement and decentralization.

user avatarKenji Takahashi

Bitcoin Community Rings in the New Year with Pleb Ideology

chest

Bitcoin enthusiasts, commonly referred to as plebs, are celebrating the New Year by exchanging greetings and participating in casual community meetups around the world.

user avatarMaria Fernandez

Future Implications of Bitcoin Community Movement on Mining Participation

chest

The ongoing community movement among Bitcoin plebs carries potential implications for future participation and engagement in mining.

user avatarGustavo Mendoza

Pakistan Explores Tokenization of Real-World Assets

chest

Pakistan is investigating the tokenization of its stock market infrastructure to attract foreign capital and enhance liquidity.

user avatarLuis Flores

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.