Resources
Resources
Learn more about Streamflow
Case Studies
See how our partners and clients are using
Streamflow
Blog
Read more about Web3, DeFi, and Streamflow’s
developments
Token Vested
20T $BONK
Vesting Duration
3 Years
Vesting Setup Time
1.5 Hours
Overview
Bonk was designed to provide liquidity and users to new and existing Protocols on Solana in an effort to combat previous Solana projects sold to the community at high valuations. As such, Bonk's means of distribution was paramount as it played an important role in the project's overall ethos.
Problem
The Bonk team needed to create on-chain, easily understandable vesting schedules to compensate its early contributors and allow the end user to see where the tokens were being circulated.
Solution
With Streamflow’s Vesting app, the Bonk team set up vesting for its early contributors which allowed anyone to keep up with the on-chain vesting schedule, maintaining a level of trust and transparency with the community.
Results
Bonk airdropped the majority of its tokens to the community, leaving roughly 45% for operation costs. Of that 45%, 20% was distributed to Bonk’s early contributors using Streamflow.
Bonk automated token vesting to its 22 early contributors on a 3-year linear vesting schedule compensating users that have provided artwork, token design, marketing, and more to the Bonk project. Additionally, Bonk’s token release brought a wave of new users and activity onto the blockchain, breathing new life into Solana.
Vest tokens with Streamflow today
Get started with Streamflow’s vesting app or contact our sales team for a customized solution.
