Ponke (PONKE) is a memecoin launched on December 24, 2023, on the Solana blockchain. It features a deflationary token model and supports community-driven initiatives, DeFi projects and gaming within the Solana ecosystem.
Ponke operates on Solana, chosen for its fast and low-cost transactions. With a total supply of 555,555,555 tokens, ownership was renounced at launch to ensure decentralisation. Its deflationary nature reduces token supply over time through a burning mechanism.
PONKE offers staking opportunities, allowing users to earn rewards, and the token is integrated into play-to-earn games (P2E) on Solana. It also supports DeFi tools, including a decentralised exchange (DEX) and a launchpad for new projects. Token holders can participate in community governance, influencing key project decisions.