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Team already finished new smart contract development and want to launch new native BonFi DeFi product offerings. Can you tell more about this products?
this is good news, maybe now for the time to buy even more BNF tokens, even though I bought ico Bonfi at a high price I still believe that Bonfi is able to touch the ico price
So BonFi team decided to burn the first two BNF team token unlocks to be sure that team unlocks will not have an adverse effect on token price. Good and smart decision I think
In the end, the Bonfi project can develop even though it takes a long time for BNF tokens to go up, at least they have shown their performance results, I'm sure this can be even higher if the platform is completely launched
Will the team give us updates on what is happening with their developments here?
What I am worried with most DeFi platforms, is that most of them are in beta stage.
And a lot of them didn't get out of beta, and then were already abandoned or exited in the market.
Let us see if they can indeed realize things here and not just giving false promises.
In the end, the Bonfi project can develop even though it takes a long time for BNF tokens to go up, at least they have shown their performance results, I'm sure this can be even higher if the platform is completely launched
Will the team give us updates on what is happening with their developments here?
What I am worried with most DeFi platforms, is that most of them are in beta stage.
And a lot of them didn't get out of beta, and then were already abandoned or exited in the market.
Let us see if they can indeed realize things here and not just giving false promises.
In the end, the Bonfi project can develop even though it takes a long time for BNF tokens to go up, at least they have shown their performance results, I'm sure this can be even higher if the platform is completely launched
It turned out that after burning BNF tokens, it was not long before suddenly the price of BNF tokens rose very drastically, but all of them could not last long and now they are still standing at $ 0.004 this has reached 50% of their ico price, hopefully it can reach 100%
They need to continuously do this burning activity as it is helping in the price performance of their tokens. Once it goes down below its ICO price, not many tokens can recover easily. It would take time and hard work from the dev team to recover its value. As DeFi is slowing down because of the high gas fees involved, small traders are avoiding now to transact in DEX with high fees.
It turned out that after burning BNF tokens, it was not long before suddenly the price of BNF tokens rose very drastically, but all of them could not last long and now they are still standing at $ 0.004 this has reached 50% of their ico price, hopefully it can reach 100%
They need to continuously do this burning activity as it is helping in the price performance of their tokens. Once it goes down below its ICO price, not many tokens can recover easily. It would take time and hard work from the dev team to recover its value. As DeFi is slowing down because of the high gas fees involved, small traders are avoiding now to transact in DEX with high fees.
It turned out that after burning BNF tokens, it was not long before suddenly the price of BNF tokens rose very drastically, but all of them could not last long and now they are still standing at $ 0.004 this has reached 50% of their ico price, hopefully it can reach 100%
Bnf tokens have just been burned, hopefully this can make the price of BNF tokens even higher at least to reach the selling price I know $ 0.0081
It's still a long way down and the Q1 road will slowly start
I also notice that they will also do a token burn on April, but do not know how much to burn. The thing need to know, token burn will not boost up the price of tokens in a short time, the usefulness of these tokens remains questionable so that prices could be skyrocket. It's still a long way down and the Q1 road will slowly start
Bnf tokens have just been burned, hopefully this can make the price of BNF tokens even higher at least to reach the selling price I know $ 0.0081
It's still a long way down and the Q1 road will slowly start
I also notice that they will also do a token burn on April, but do not know how much to burn. The thing need to know, token burn will not boost up the price of tokens in a short time, the usefulness of these tokens remains questionable so that prices could be skyrocket. It's still a long way down and the Q1 road will slowly start
Bnf tokens have just been burned, hopefully this can make the price of BNF tokens even higher at least to reach the selling price I know $ 0.0081
It's still a long way down and the Q1 road will slowly start
I also notice that they will also do a token burn on April, but do not know how much to burn. The thing need to know, token burn will not boost up the price of tokens in a short time, the usefulness of these tokens remains questionable so that prices could be skyrocket. It's still a long way down and the Q1 road will slowly start
Bnf tokens have just been burned, hopefully this can make the price of BNF tokens even higher at least to reach the selling price I know $ 0.0081
It's still a long way down and the Q1 road will slowly start
I also notice that they will also do a token burn on April, but do not know how much to burn. The thing need to know, token burn will not boost up the price of tokens in a short time, the usefulness of these tokens remains questionable so that prices could be skyrocket. It's still a long way down and the Q1 road will slowly start
Bnf tokens have just been burned, hopefully this can make the price of BNF tokens even higher at least to reach the selling price I know $ 0.0081
It's still a long way down and the Q1 road will slowly start
we are waiting for big changes
It's still a long way down and the Q1 road will slowly start
we are waiting for big changes
Quote
Completion of $BNF Token Burn 🔥
Boosting $BNF Token Scarcity and Platform Utility
(https://medium.com/bonfiorg/completion-of-bnf-token-burn-a9a7b54987f1)
Token burns reduce the overall supply of tokens and add to the scarcity of the $BNF token. It also helps to sustain a healthy and positive development of the project, which balances the value of each token and its use within the platform.
We have burned a total of 18.75 million BNF tokens from the team reserve.
The new total supply of $BNF Tokens is: 981,249,999 BNF
▶️Transaction ID 1: https://etherscan.io/tx/0x3a8ff8d1729f0ff57a5245f1aee7addd0477fab9c49439c961dca950cf790374
▶️Transaction ID 2: https://etherscan.io/tx/0xfd151af9fc3690dead46250d542e07dc6ac8c08105f4cfe08bfb564f58d24a44
Boosting $BNF Token Scarcity and Platform Utility
(https://medium.com/bonfiorg/completion-of-bnf-token-burn-a9a7b54987f1)
Token burns reduce the overall supply of tokens and add to the scarcity of the $BNF token. It also helps to sustain a healthy and positive development of the project, which balances the value of each token and its use within the platform.
We have burned a total of 18.75 million BNF tokens from the team reserve.
The new total supply of $BNF Tokens is: 981,249,999 BNF
▶️Transaction ID 1: https://etherscan.io/tx/0x3a8ff8d1729f0ff57a5245f1aee7addd0477fab9c49439c961dca950cf790374
▶️Transaction ID 2: https://etherscan.io/tx/0xfd151af9fc3690dead46250d542e07dc6ac8c08105f4cfe08bfb564f58d24a44
I have seen the sale of Bonfi tokens before it was very smooth and finished selling out in a very strange time, now the price of Bonfi tokens is very unaffected, even their products will be launched this month, the difference in ico sales prices is very far compared to the current price so is the team able to develop this project with max? I want to see the BonFi team at work
what did you mean by "strange time" in crowdsale stage mate ?
and how much the token price in ICO stage ?
by the way, i just come here in this thread because i read some unique words " Innovating Defi" in the subject
Launch of NULS-BNF Credit Mining
NULS-BNF Proof of Credit Mining (POCM) Program Details
- Program Duration: 730 Days (24 Months)
- Minimum Participation Amount: 100 NULS
- POCM Ratio / Total Rewards: 2.4% / 24 million BNF
- Reward Distribution: Continuous, every 10 blocks.
- Token Locked Days: 7 Days Lockup after receiving rewards.
Learn more here
NULS-BNF Proof of Credit Mining (POCM) Program Details
- Program Duration: 730 Days (24 Months)
- Minimum Participation Amount: 100 NULS
- POCM Ratio / Total Rewards: 2.4% / 24 million BNF
- Reward Distribution: Continuous, every 10 blocks.
- Token Locked Days: 7 Days Lockup after receiving rewards.
Learn more here
I have seen the sale of Bonfi tokens before it was very smooth and finished selling out in a very strange time, now the price of Bonfi tokens is very unaffected, even their products will be launched this month, the difference in ico sales prices is very far compared to the current price so is the team able to develop this project with max? I want to see the BonFi team at work
yes, I also see that the price of Bonfi tokens has not increased even until now I still see that the price of Bonfi tokens is still very far below when compared to the selling price, as I knew beforehand that they will launch their product this month, but I don't know something. seen hereHello All,
I think it is a bad sign when the launch of a product does not make the price rise. It could just be the crazy times we are in.
Wish you all the Best!!
Cheers,
Waya
I have seen the sale of Bonfi tokens before it was very smooth and finished selling out in a very strange time, now the price of Bonfi tokens is very unaffected, even their products will be launched this month, the difference in ico sales prices is very far compared to the current price so is the team able to develop this project with max? I want to see the BonFi team at work
yes, I also see that the price of Bonfi tokens has not increased even until now I still see that the price of Bonfi tokens is still very far below when compared to the selling price, as I knew beforehand that they will launch their product this month, but I don't know something. seen here 
I have seen the sale of Bonfi tokens before it was very smooth and finished selling out in a very strange time, now the price of Bonfi tokens is very unaffected, even their products will be launched this month, the difference in ico sales prices is very far compared to the current price so is the team able to develop this project with max? I want to see the BonFi team at work
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