Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

BONK team upgrades fee structure: significantly increases DAT purchase power and strengthens BNKK token holdings

The BONK team has announced a comprehensive overhaul of the platform’s fee structure, aiming to significantly increase the volume of DAT token purchases executed by Bonk Holdings Inc. (BNKK), thereby expanding its long-term holdings. This move is seen as a key step forward for the BONK ecosystem in terms of governance and asset accumulation.

According to Bonk.fun, effective immediately, 51% of all platform fees will be used to support BNKK’s DAT token purchases, a substantial increase from the previous allocation of just 10%. To achieve this, the platform has reallocated 35% of funds previously used for “buy and burn” as well as resources from the SBR and BONK rewards sections, while maintaining the community budget unchanged. The team emphasized that, despite the change in fee usage, the overall buying pressure on BONK will not be diminished.

This adjustment follows BNKK’s $32 million token acquisition completed in October. At that time, the company made it clear that it planned to double its DAT holdings in the coming months. More importantly, yesterday BNKK acquired a majority share of Bonk.fun’s revenue rights through a transaction worth approximately $30 million, giving it direct control over 51% of the platform’s revenue, which will be used to further increase BONK holdings.

Mitchell Rudy, a member of BNKK’s board of directors, stated that this reform is crucial for building BONK’s long-term value. “Gaining the majority income rights means our dominant position in BONK supply management is greatly enhanced, and it allows us to establish a solid, long-term value-stable balance sheet,” he noted.

It’s worth noting that Bonk.fun’s revenue in July 2025 approached $30 million, demonstrating its strong liquidity foundation during favorable market cycles.

Meanwhile, BONK is accelerating its entry into global markets. Last week, Bitcoin Capital AG launched the world’s first BONK ETP on Switzerland’s SIX Exchange, allowing both retail and institutional investors to invest in BONK directly without the need for a wallet. Bitcoin Capital CEO Marcel Niederberger highlighted that the product lowers the investment threshold for BONK to the level of traditional stocks. The ETP is fully backed by reserve tokens, but BONK’s price has remained stable after listing.

With BNKK strengthening its long-term accumulation of DAT and the BONK ETP providing new inflow channels for Europe, the BONK ecosystem is at a critical stage of value transformation and expansion, adding more variables to its long-term market performance. (CoinGape)

BONK-3.51%
SBR-0.16%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Related Topics
#
Bonk
#
ETF
#
Newlisting
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)