- The Defi Development Corp announced a partnership with Meme Sikka Bonak to launch the Solana verification.
- The Defi Vikas will operate the corpus verification, but will increase the stake with Bonak and Split Rewards.
- The bone is 4% below after the announcement.
Despite the announcement of DEFI Development Corporation, Bonak on Friday declined by 4% that it entered a verification partnership with Solana Mem Coin to expand his business and increase his soul price price.
Bonak declines despite partnership with DEFI Vikas Corp
Solana Treasury-centric firm Defef Development Corporation has participated with Meme Coin Bonak to co-launch a Solana verification, according to A Press release On Friday.
The firm said that this is the first time a public company is partnership with a community meme coin, as its purpose is to expand how the institutes can align with the decentralized network.
The Defi Vikas Corp Solana will operate and manage the verification, while the two institutions will work together to increase their stake and share the award.
The aim of the partnership is to strengthen the verification business of DEFI Dev Corp, to increase its revenue and promote its solana holdings.
“As we continue to build our verification infrastructure, this cooperation allows us to support one of the most dynamic, impressive and innovative communities in the web3, as well as further our mission to maximize per share for DFDV shareholders.”
Defense Development Corp, which has been aggressively stacking Soul in the last two months, on Thursday made another purchase of 16,447 Soul in $ 2.3 million. At the time of publication, the company currently has 609,190 soul priced at $ 103.9 million.
On the other hand, Bonk planned to increase the use of Bonksol, its community-operated liquid staking tokens (LST), as part of the widespread effort to secure the Solana network.
Through the partnership, the meme coin attempts to increase the network decentralization and expand the role of Bonsol within Solan’s DEFI landscape.
“This verification partnership is a natural next step in Bonak’s mission to strengthen our community and accelerate Solan,” said the main contributor to Bonak.
Despite the announcement, Bonak is 4% below the last 24 hours, increased its weekly decline by 8%. However, Meme coin has managed to maintain 70% profit in the last month.
