According to its official one-pager, BONK is the very first Dog-themed memecoin on Solana that’s “for the people, by the people.”
The document states:
The BONK contributors were tired of toxic “Alameda” tokenomics and wanted to make a fun memecoin where everyone gets a fair shot.
50% of the total supply of the cryptocurrency was airdropped to the Solana community, while the main purpose of the team behind it is to bring back liquidity to decentralized exchanges built on Solana.
(by George Georgiev)
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