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https://www.gate.com/announcements/article/45974
LetsBONK commits to executing a plan for the acquisition of 1% of revenue for the BONK token.
LetsBONK has drawn attention after committing to use 1% of its revenue to acquire top tokens in the BONK ecosystem, aiming to maintain liquidity and promote sustainable development. This move is seen as an effort to reshape the role of meme coins in the Solana ecosystem, going beyond the typical short term speculation.
According to founder Tom, the acquisition activities will take place weekly, applying to token pairs with high liquidity. Recently, LetsBONK also surpassed competitor Pump.fun by recording $1.99 million in transaction fees within just 24 hours.
The highlight is that revenue comes from entertainment experiences such as mini-games, raffles, and community events – not from traditional DeFi. This shows that the model combining community, entertainment, and rewards can create real economic value.