• 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

Celestia Introduces Proof of Governance Proposal

chest

A controversial proposal to cut TIA's annual issuance and introduce token burns tied to governance participation is under consideration within the Celestia community.

user avatarAyman Ben Youssef

Celestia Network Faces Price Crash but Maintains High Activity

chest

Celestia Network faces a price crash but maintains high activity despite a significant drop in TIA price.

user avatarNguyen Van Long

Formal Verification Tools Revolutionize AI in Mathematics

chest

The rise of formal verification tools is revolutionizing the role of AI in mathematics by enabling the automation of the proof verification process.

user avatarTando Nkube

GPT52 Achieves Milestone by Solving Erds Problems

chest

In a groundbreaking experiment, AI model GPT52 has autonomously generated a complete proof for a high-level mathematical problem, marking a significant advancement in AI's role in mathematics.

user avatarKofi Adjeman

AI Models Transform Erds Problems into Solved Challenges

chest

Since the release of GPT52, 15 Erds problems have been solved, with AI models credited for their contributions.

user avatarSatoshi Nakamura

Beige Book Reports Optimistic Economic Outlook

chest

The Beige Book indicates a somewhat optimistic outlook for the US economy, with expected growth in the coming months.

user avatarJesper Sørensen

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.