News Explorer — BonkDAO's 'BURNmas' Campaign Seeks to Burn $53.5 Million Worth of BONK Tokens

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Dec 24, 3:43 pm

Unchained Crypto

BonkDAO's 'BURNmas' Campaign Seeks to Burn $53.5 Million Worth of BONK Tokens

BonkDAO's "BURNmas" campaign aims to burn over 1.6 trillion BONK tokens, valued at $53.5 million, to increase the memecoin's scarcity. This deflationary event involves community activities like tweeting #LetsBonk and betting on BONKbets to remove tokens from circulation. The upcoming burn will eliminate nearly 1.8% of BONK's total supply.

BonkDAO's "BURNmas" campaign aims to burn over 1.6 trillion BONK tokens, valued at $53.5 million, to increase the memecoin's scarcity. This deflationary event involves community activities like tweeting #LetsBonk and betting on BONKbets to remove tokens from circulation. The upcoming burn will eliminate nearly 1.8% of BONK's total supply.

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