• 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

CZ Zhao Urges Crypto Community to Take Responsibility

chest

CZ Zhao urges the crypto community to take personal responsibility for trading decisions, emphasizing that blaming exchanges or influencers is counterproductive in a volatile market.

user avatarDavid Robinson

Technical Indicators Show Cardano ADA Struggling

chest

Technical indicators reveal that Cardano ADA is struggling to break above key resistance zones, indicating a bearish bias.

user avatarJacob Williams

Cardano ADA Faces Selling Pressure Amid Institutional Interest

chest

Cardano's native token ADA is facing selling pressure while attracting institutional interest, trading around 0.27.

user avatarAndrew Smith

Phantom Issues Warning on Phishing Risks in Chat Features

chest

Phantom has issued a warning about the rise of phishing attacks targeting users through chat features in trading platforms.

user avatarZainab Kamara

China Develops Its Own CrossBorder Payment System

chest

China has developed its own crossborder payment system, known as the CrossBorder Interbank Payment System (CIPS), as an alternative to the SWIFT network.

user avatarSon Min-ho

BMIC Launches Quantum-Secure Wallet to Combat Future Threats

chest

BMIC is gaining attention for its focus on a fully quantum-secure finance stack, addressing vulnerabilities in current crypto wallets.

user avatarAyman Ben Youssef

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.