PANews reported on December 4th that, according to an announcement from BONK.fun, the platform will allocate 51% of its transaction fees to buy BONK using BNKK DAT, effective immediately. This allocation will be transferred from the original Buy/Burn (35%), SBR (4%), and BONKrewards (2%), plus the existing 10%, to support BNKK in building a strategic BONK reserve, with the goal of accumulating 5% of the circulating supply of BONK. The official statement indicated that this adjustment will not affect net buying pressure, nor will it impact community marketing and operational budgets.PANews reported on December 4th that, according to an announcement from BONK.fun, the platform will allocate 51% of its transaction fees to buy BONK using BNKK DAT, effective immediately. This allocation will be transferred from the original Buy/Burn (35%), SBR (4%), and BONKrewards (2%), plus the existing 10%, to support BNKK in building a strategic BONK reserve, with the goal of accumulating 5% of the circulating supply of BONK. The official statement indicated that this adjustment will not affect net buying pressure, nor will it impact community marketing and operational budgets.
BONK.fun adjusts fee distribution to enhance BNKK's strategic buying of BONK.
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PANews reported on December 4th that, according to an announcement from BONK.fun, the platform will allocate 51% of its transaction fees to buy BONK using BNKK DAT, effective immediately. This allocation will be transferred from the original Buy/Burn (35%), SBR (4%), and BONKrewards (2%), plus the existing 10%, to support BNKK in building a strategic BONK reserve, with the goal of accumulating 5% of the circulating supply of BONK. The official statement indicated that this adjustment will not affect net buying pressure, nor will it impact community marketing and operational budgets.
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