ChainCatcher message, BONK announces that BONK DAO has approved the proposal to burn 100 billion BONK (currently valued at approximately 3.72 million USD) and has completed the burn.

ChainCatcher news, BONK DAO announced on X that the proposal to destroy approximately 84 billion BONK in its treasury has been approved and executed.

ChainCatcher news, BONK DAO has proposed to burn 278,393,137,215 BONK tokens from its treasury, which is equivalent to all the BONK tokens obtained through the revenue-sharing agreement with BonkBot since the launch of BONK DAO at the end of 2023.BONK DAO stated that it will consider further burning the BONK revenue obtained by the DAO treasury in the coming months, as well as continue to explore ways for community participation in DAO decision-making, depending on the community's response to this proposal.

ChainCatcher news, BONK DAO has initiated a proposal to burn 278,393,137,215 BONK tokens from its treasury, which corresponds to all the BONK tokens obtained through the revenue-sharing agreement with BonkBot since the launch of BONK DAO at the end of 2023.BONK DAO stated that it will consider further burning of BONK revenue obtained by the DAO treasury in the coming months, as well as continue to explore forms of community participation in DAO decision-making, depending on the community's response to this proposal.