| General information | |
|---|---|
| Global rank: | 50 |
| Name: |
Bonk |
| Symbol: | BONK |
| Current coin price (BYR): | 0.488 p. |
| Last hour: | arrow_upward2.86 % |
| Last 24 hours: | arrow_upward5.58 % |
| Last 7 days: | 44.15 %trending_up |
| Capitalisation (BYR): | 34 574 815 147 600.00 p. |
| Volume 24h (BYR): | 9 709 650 801 200.00 p. |
| Available supply: | 70 818 094 559 694.00 BONK |
| Total coin supply: | -1 BONK |
| Start date: | 2020-07-08 |
Bonk/Belarusian Ruble (BONK/BYR) price chart
Bonk/Belarusian Ruble (BONK/BYR) capitalisation and volume charts
BONK is a community-focused cryptocurrency designed to integrate into Solana DApps across the network, serving as a unit of account and a reward for user participation. Launched in 2017, BONK positions itself as the community coin of the Solana ecosystem, aiming to be widely used across various decentralized applications. It emphasizes decentralization and community ownership, distancing itself from traditional venture capital control. BONK is particularly focused on supporting NFT enthusiasts, DeFi traders, artists, collectors, and developers within the Solana network.
BONK was created by Dexlab, a decentralized exchange (DEX), minting lab, and launchpad. The initial funding and support for BONK came from the web3 payments API, Helio, and the Famous Fox Federation, which contributed significantly to the airdrop and other initiatives. The founders of BONK have chosen to remain anonymous.
$BONK's primary use is as a governance token within the BONK ecosystem, facilitating community-led decision-making and development. Key aspects of its utility include:
Governance and Voting: $BONK token holders can participate in governance decisions, influencing platform fees and the allocation of funds within the BONK Community Treasury.
Community Rewards and Airdrops: 50% of the $BONK supply was distributed to the Solana community members via an airdrop, aiming to revitalize the network and reward its active participants.
BONKDAO Involvement: A significant portion of $BONK tokens is reserved for the BONKDAO, which allows community members to fund initiatives and projects that align with their interests, furthering the growth and adoption of BONK.
Ecosystem Development: Funds are also set aside for marketing, development activities, and grants to encourage the widespread adoption of BONK.
Long-term Incentive Alignment: Early contributors to BONK are subject to a three-year linear vesting schedule to align their incentives with the long-term success of the token.
$BONK also boasts extensive integrations across multiple blockchain chains, enhancing its utility in DeFi and gaming sectors, and is increasingly adopted as an in-game currency. The ongoing expansion and diversification of the $BONK ecosystem are structured around enhancing its multi-chain accessibility, simplifying DeFi experiences for holders, and growing its presence in blockchain gaming.