megaBONK liquidity providers on our ComethSwap pool can now be rewarded with mBONK token incentives. Our current ComethSwap pool can be found here.
Once LP is provided on the pool then the LP tokens can be deposited in the participating pools on https://swap.cometh.io/#/stake to begin earning rewards. Please be aware that impermanent loss can occur when providing liquidity to a decentralized exchange.
Keep in mind that utilizing this pool requires using the Polygon network. Please follow the instructions in our previous article (linked here) if you need help migrating your mBONK tokens to the Polygon network.
megaBONK is excited to announce that holders can now bridge their tokens over to the polygon network using their PoS bridge! This can be done using the bridge here.
The Samurai platform has become one of the most popular launch pads in the DeFi space since its inception, most recently with the announcement of the 0x_nodes IDO . Its limited allocation of exclusive “mBonk X Cyberfi NFTs”, created in collaboration with the team at megaBONK, sold out in less than 10 minutes.
The mBonk X Cyberfi “Golden Ticket” NFTs carry both style and utility — designed by a top NFT artist, and each giving Cyberfi stake holders guaranteed allocations to one (or several if you’re lucky) of Samurai’s sought after and, for some, elusive IDOs.
More on that below.
CyberFi is an Intelligent Automation Platform. CyberFi combines a decentralized trading platform, an intelligent automation system for complex DeFi strategies, and a cross-chain layer for multi-chain DeFi automation. The CyberFi platform aims to bring an end to the manual nature of DeFi applications: overpaying for fees, gas wars, the constant need to be on Uniswap 24/7, and finally the stress and frustration that have been a constant in the DeFi market.
As part of this momentous collaboration, megaBONK and CyberFi will be working closely together on several initiatives, the first of these being a commemorative megaBONK x CyberFi NFT!
The time for migration to megaBONK is approaching & this article is designed to provide detailed information on how the Bonk community must prepare for the swap to the new contract.
Back in December the community approved the proposal towards upgrading the current Bonk token contract & completely removing the current Bonk rewards system as a way to move forward. These upgrades include adding more robust features to the token contract itself, and upgrading the website to something more conducive for the Bonk communities needs. You may read more about these upgrades here.
You read that right! Bonkv2 is now megaBONK!
The community & the team have responded by proposing that the new token & ERC20 contract should have a different name so as to avoid confusion when trading, or utilizing the token. To summarize, the ticker will now be mBONK and the token will be called megaBONK. BONK is also moving to a new domain name, megabonk.com!
This article is designed to fill out the various concepts for the future of Bonk & Bonkv2 to the Bonk community. There will be a vote in the Bonk Telegram & Discord in order to gauge the communities opinions on these updates moving forward.
This article should be viewed as a proposal & not anything set in stone.
The concept is quite simple. Provide liquidity on the BONK-ETH Uniswap pool & stake those LP tokens on Bonktoken.com, then receive a dummy token determined by the length one is staking.
This dummy token can then be exchanged for 1 out of 6 NFT cards that each have a limited run.
Another perk that BONK NFT LP farmers will receive is a drop of Dolphin tokens as another appreciation for providing liquidity.