Huo Xing Cai Jing reports that on October 5, the Solana-based token launch platform StonkFun announced it has distributed over $90 million in rewards to token holders. Additionally, on October 4, the platform generated $590,268 in revenue, of which $353,601 was used to repurchase and burn 1.79 million STONK tokens.
StonkFun Distributes Over $90 Million in Rewards to Token Holders
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Summary
StonkFun, a Solana-based token issuance platform, announced on October 5 that it has distributed over $90 million in rewards to token holders. On October 4, the platform generated $590,268 in revenue, with $353,601 allocated for buybacks and 1.79 million STONK tokens burned. This follows increasing interest in new token listings and token launch announcements across the crypto market.
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