BONK.fun: BONKERS mode creator fees will be used to automatically buy back tokens
Foresight News reported that BONK.fun tweeted that BONKERS mode creator fees will be automatically used to buy back tokens. The specific rules include: 0.5% of creator fees will be directly used to automatically purchase tokens; the repurchased tokens will be stored in reserves (not burned); they can be used for CEX listings or market making needs, otherwise they will never re-enter circulation; this only applies to new BONKERS tokens, while older tokens may support this feature in the future.
BONKERS is a special token issuance mode provided by BONK.fun.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Paying the price for supporting the yen? Japan's foreign reserves fell by $87.8 billions in August, possibly due to selling US Treasuries for funding.
Japanese authorities may have used part of their foreign exchange reserves, including foreign securities such as U.S. Treasury bonds, over the past month to fund record-sized foreign exchange intervention operations.
10-Yr Benchmark Govt Yields - Germany vs Other Nations
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
2-Yr Benchmark Govt Yields - Germany vs Other Nations
Crypto prices
More
