StonkFun, a token issuance platform on Solana, said it has distributed more than $60 million in rewards to holders across its ecosystem. The update was shared on Sept. 20, according to BlockBeats.
The platform also disclosed its revenue figures for Sept. 19. StonkFun said it generated $1,247,924 in platform revenue that day. Of that amount, $749,636 was used for buybacks.
In the same update, the platform said 2.93 million STONK tokens were burned. No additional details were provided in the brief announcement about the reward distribution structure or the buyback mechanism.
The figures were presented by the platform in a post and relayed by BlockBeats as a 7x24 news flash.
According to BlockBeats, Solana-based token issuance platform StonkFun said on Sept. 20 that it has distributed more than $60 million in rewards to holders in its ecosystem.
The platform said its revenue on Sept. 19 reached $1,247,924. Of that total, $749,636 was allocated to buybacks, and 2.93 million STONK were burned.
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