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BONK
About BONK
BONK (BONK) is a community-centric cryptocurrency launched in 2017, designed for integration into Solana's DApps. Created by Dexlab, with support from Helio and the Famous Fox Federation, BONK emphasizes decentralization and community ownership, focusing on NFT and DeFi communities within Solana. The token's distribution was partly conducted through an airdrop, aiming to rejuvenate the Solana community. $BONK serves as a governance token, allowing holders to participate in decision-making and manage the BONK Community Treasury. A significant portion of the token supply is allocated to the BONKDAO for community-led initiatives, development, and marketing efforts. Furthermore, BONK is establishing itself in the DeFi and gaming sectors, with over 131 integrations across multiple chains and a rapidly growing user base. Its utility extends beyond governance, playing a key role in the broader BONK ecosystem's expansion and diversification efforts.
BONK (BONK) is a meme-inspired cryptocurrency built on the Solana blockchain. It was launched on 25 December 2022 as a free airdrop to the Solana community, marking its inception as a community-centric token. BONK identifies itself as the "Dog Coin of the People", with the ambition to foster a fun and inclusive community within the Web3 ecosystem.
Since its launch, BONK has achieved remarkable adoption metrics, boasting over 750,000 holders, 150+ integrations, and support across 10+ blockchains. While retaining its meme origins, BONK combines utility and entertainment, positioning itself as a cornerstone of the Solana ecosystem.
BONK serves several key purposes within its ecosystem, making it a versatile token beyond its meme origins:
- Community Engagement: BONK was heavily airdropped to the Solana community, targeting NFT projects, artists, developers, and collectors, promoting decentralised ownership and participation. Its sense of fun attracts and retains an active user base.
- Liquidity Boost for Solana DEXs: BONK was introduced to increase liquidity within Solana-based decentralised exchanges (DEXs), re-energising trading volumes and DeFi activity.
- Decentralised Finance (DeFi): BONK supports staking, liquidity provision, and yield farming, enabling holders to earn rewards and participate in the ecosystem’s growth.
- NFTs and Creative Ecosystem: BONK has gained traction in the Solana NFT space, being used for minting, auctions, and as a reward mechanism for creators and collectors.
- Multi-Chain Adoption: BONK extends beyond Solana, supporting 10+ blockchains, enabling broader adoption and use in cross-chain ecosystems.
- Governance via Bonk DAO: BONK token holders can participate in governance decisions through the Bonk DAO, contributing to the strategic direction of the ecosystem.