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.
