Season

At the core of the BMONK DeFi protocol lies a concept that defines its evolution and progress - Seasons. Let's explore the essence and significance of Seasons within the BMONK ecosystem.

The Seed of Supply

BMONK begins its journey with a token supply of 330 million $BMONK tokens. This supply is ingeniously designed with hyperdeflationary principles, leading to a continuous reduction in total $BMONK tokens with each transaction.

The Relaunch

A key feature of the protocol's architecture is the transformative event known as the Relaunch. This pivotal moment is triggered by the achievement of specific targets:

• Target A: The Relaunch initiates when the total $BMONK token supply drops to 33 million, signifying the successful burning of 297 million $BMONK tokens.

• Target B: Alternatively, if the protocol operates continuously for 365 days with the total supply of $BMONK tokens remaining above 33 million, the Relaunch is activated.

The Seasons Unveiled

The period between the protocol's inception and the Relaunch event is referred to as a Season. Each Season encapsulates the dynamic lifecycle of the protocol, highlighting its growth, adaptability, and responsiveness to user engagement.

How the Relaunch Works

Upon the onset of the Relaunch, the protocol restores the total supply of $BMONK tokens to the original 330 million tokens, marking the beginning of a new Season. This smooth transition creates a continuous rhythm of Seasons, reflecting the protocol's enduring nature and its commitment to innovation and evolution.

Season 1: A New Beginning

Our journey starts with Season 1, the foundational phase that sets the trajectory for all future Seasons. Season 1 embodies the promise of growth and transformation inherent in each Season of the BMONK protocol.