PANews reported on December 26 that according to official news, BonkDAO plans to destroy 1.69 trillion BONKs, worth about $54.52 million, as part of the community festival event "BURNmas" to increase the scarcity of BONK. The upcoming destruction accounts for nearly 1.8% of the total supply of BONK (about 92.7 trillion). Officials said that these tokens will be destroyed through BonkDAO multi-signature voting in the future.