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BONK.fun to Allocate 51% of Transaction Fees for Bonk, Inc. Buyback of BONK Tokens
Summary: In a recent announcement, BONK.fun revealed that 51% of platform transaction fees will be used by Bonk, Inc. to repurchase BONK tokens through its DAT mechanism. This 51% share will come from the previous 35% buyback and burn, 4% SBR, and 2% BONKrewards categories, and will be combined with the existing 10% share allocated for ...
In a recent announcement, BONK.fun revealed that 51% of platform transaction fees will be used by Bonk, Inc. to repurchase BONK tokens through its DAT mechanism. This 51% share will come from the previous 35% buyback and burn, 4% SBR, and 2% BONKrewards categories, and will be combined with the existing 10% share allocated for Bonk, Inc.
The project team stated that this adjustment does not change the net buying pressure on BONK, with the main goal being to expand strategic reserves to achieve a long-term target of accumulating 5% of the circulating supply. Community marketing and operational budgets will remain unchanged.
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Link: BONK.fun to Allocate 51% of Transaction Fees for Bonk, Inc. Buyback of BONK Tokens [Copy]
