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@satsdats
host @riskonpod, head of product @bonkfun



As part of our return, we’re excited to announce a new feature aimed at incentivizing higher quality deploys and improve conditions for traders on our platform: Balanced Mode Balanced Mode aligns traders and deployers For traders: 0.75% of all post-bonding volume is compounded into liquidity pools, making LPs ~4x deeper and improving token longevity. For deployers: 0.25% of bonding curve volume is allocated to a rewards pool every 2 hours, compounding throughout the day. Every 24 hours, the full amount is distributed to creators evenly across all successful bonds created within that 24 hour window.

BONKfun is back and here’s what happened 👇 On March 11, the BONKfun website was hijacked by a malicious actor via a social engineering targeting our domain service provider. This resulted in the domain being transferred to an external registrar. The domain service provider has accepted responsibility for transfer, and we have confirmed this incident was not the result of any compromise of BONK or BONKfun internal systems, codebase, or team accounts. Upon identifying the breach, we immediately took action to: 1) Disable the site 2) Coordinate with wallet providers to flag the domain as malicious 3) Contain further user impact We’d like to thank @phantom, @solflare, @MetaMask, @_SEAL_Org and all other security partners that helped spread the word quickly. We estimate the total customer losses at $30,000 and we will be reimbursing affected users at 110% of losses to account for opportunity cost. As a result of this social engineering on the domain service provider, the BONKfun domain was transferred to an external registrar, and that transfer greatly inhibited our ability to move quickly with relaunching the site in a secure manner. The domain and domain registration were fully transferred back around 5:00 pm Eastern time on 3/18. Full functionality with major wallet providers was restored late on 3/19, which has now enabled us to safely and securely relaunch the site. The main BONKfun domain is still experiencing flags from several antivirus software providers, we are working to remove these flags as soon as possible. For users experiencing issues with BONK.fun due to anti-virus software, letsBONK.fun is also live now and contains the same functionality as the main site.





Tokens launched keep going up while volume drops We have 10 devs for every 2 traders, all thanks to @0xEthan














