Activity Mandate

Introducing the "Activity Mandate," a fundamental rule within the BMONK protocol that emphasizes the active and meaningful participation of all BMONK token holders.

Defining the Activity Mandate

The Activity Mandate requires every BMONK token holder to conduct transactions amounting to more than 10% of their total token holdings within a 15-day period. This flexible structure encourages holders to engage with the protocol in a manner that aligns with their individual preferences and goals.

Penalty Structure for Non-Compliance

1. First Occurrence: If a token holder fails to meet the Activity Mandate, a 1% penalty tax will be applied to their overall BMONK token holdings. This serves as a gentle reminder of the importance of ongoing community involvement.

2. Second Occurrence: Further instances of non-compliance will result in another 1% penalty tax, reinforcing the need for consistent interaction.

3. Third Occurrence: If a token holder continues to ignore the Activity Mandate, a 1% penalty tax will be imposed once more. The protocol will then take proactive measures by converting the user's BMONK tokens into BNB, leaving the wallet with BNB and zero BMONK tokens. This final step underscores the importance of genuine token engagement.

Through the clear and concise "Activity Mandate," BMONK reinforces its commitment to fostering a vibrant and engaged community. The transparent consequences for non-compliance align with our vision of promoting meaningful and organic participation, enhancing the ecosystem's longevity, and amplifying collective value.

Note: The penalty percentage may change based on future DAO governance proposals.