Launched in 2021, Bonfire is a cryptocurrency project designed as a frictionless, yield-generating social experiment. Its core is the BONFIRE token, which operates with a specific tax on every transaction. A portion of this tax is redistributed to all existing token holders (a process known as "reflection" or static rewards), and another portion is sent to a liquidity pool to support price stability. The project's mission is to foster a strong, engaged community while exploring use cases in the decentralized finance (DeFi) and non-fungible token (NFT) space.

Founded in

Australia