The Burn is complete 🔥🔥🔥 359M $BONSAI tokens (35.9% of the supply) have been burned. Fun fact: $BONSAI is num…
The Burn is complete 🔥🔥🔥 359M $BONSAI tokens (35.9% of the supply) have been burned. Fun fact: $BONSAI is number 3 on the burn address top holdings. https://polygonscan.com/tx/0x911344e98188037e066c0fb38ae66feeaea81de3c502ed936292c4c3743d737c The OG memecoin on Lens has been returned to the community No more utility, only a (non-funny) memecoin with great lore Final housekeeping and next steps 1\. The Bonsai app will be kept alive, so users can bridge/stake/unstake their tokens. 2\. No more staking incentives 3\. We will remove the Studio and AI generation logic as that incurs unsustainable maintenance costs. 4\. The memecoin launchpad will remain active, and we’ll open-source the codebase so any builder can pick it up and create the next great launchpad for Lens. Targeting the end of this week for the Bonsai app to go back to being simply a launchpad and open-sourcing the codebase Wherever Lens goes next, $BONSAI will be there 🌳🫡