Bonk DAO plans to destroy 1 trillion BONK before Christmas in December
Bonk DAO recently destroyed 100 billion circulating BONK and plans to destroy 1 trillion BONK before Christmas in December. This large-scale destruction plan (BURNmas) started at 12:01 a.m. UTC on November 15th, and will end at 12:01 a.m. UTC on December 24th.
BONK core contributor iamkadense posted on X stating: "7.7 trillion BONK have been destroyed, and the daily destruction volume is still increasing. In addition to the recent destruction of 100 billion BONK, another one trillion BONK will be destroyed during BONKmas, and the community may not stop there." These destroyed tokens will come from applications within the Solana ecosystem that use one or more functions of BONK. According to official posts, these include bets placed on Dragontail, Christmas cards sent using BONKmark, transactions made on LiveBonk, as well as other applications designated by Bonk's X account.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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