An update on the BonkDAO treasury.
As we shared on July 6, a governance proposal moved assets out of the community treasury. Since then, we have been exploring all avenues for recovery. The wallets involved remain flagged and monitored.
The BONK token itself was not
BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury.
During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is
Readers added context they thought people might want to knowReaders added context
The proposal to drain BonkDAO's treasury passed legitimately after the proposer bought ~$4.4M in $BONK to meet the 1% quorum threshold and voted yes alone, as only 7 wallets participated out of 18,000+. x.com/lookonchain/st…x.com/chainalysis/st…
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❗️🚨 BONKUJI PIKACHU PROMO [001/SV-P] Giveaway❗️🚨
To enter:
✅ Repost and Like this Post
✅ Follow @BONKUJI_inu
✅ Join the BONKUJI discord
discord.com/invite/BONKUJI
This giveaway is for 1 FREE PIKACHU PROMO [001/SV-P] card. Winner will be picked this Tuesday, July 7th.
proud to announce:
MofuMofu × @bonk_inu 🐕☁️
our fluffy world just made a new friend 👀he’s already hiding in our clouds
can you catch every BONK? 🔨
and this is just the beginning… 🌩️✨
The BONKUJI Discord is live ❗❗❗
Every great collection has a community behind it, and now they all have one place to call home.
Share your hits, trade knowledge, and rip alongside people who get it.
Join now: discord.gg/e5wz8nJyUc
Episode 241: Can BONK Make Crypto Fun Again? With Nom of BONK
@alextapscott@TheOnlyNom@bonk_inu@CMCC_Global
0:00 Introduction
3:25 Guest intro: Nom and the origins of BONK
4:00 Post-FTX Solana and the need to revive the ecosystem
5:40 BONK’s launch strategy and
June was big, but The Dog is just getting started.
To stay even closer to everything BONK, subscribe to the Barkletter: bonkcoin.com/#barkletter
More coming soon ❗❗❗
