Over the last 60 days, we have bought and burned a total of 685,880.618 at an average price of $0.14 per .
At the current circulating supply, this represents an annualized burn rate of approximately 13.19% per year.
During the past two months, we experienced a major security incident at bonkfun and have since implemented several core operational and infrastructure changes across the board alongside large security overalls. This has had a temporary impact on revenue performance during the period.
At the same time, some of the larger developments we have spent the last 3 months building are expected to launch this quarter, alongside additional product announcements and releases currently expected to be released between Q3 and Q4.
As always Graphite remains forward looking and will continue to strategically allocate resources to growth and the success of our ecosystem.
🚨 HUGE BURN ALERT 🚨
$GP just burned 261,110 tokens worth $65,475+ in a single transaction.
Supply shrinking. Pressure building.
This is what real deflation looks like.
While others talk, #GraphiteProtocol is reducing supply on-chain.
🔥 Burn tx recorded on Solana
📉 Circulating supply just dropped
👀 Market watching closely
$GP @GraphiteProto@SolportTom
🚨 A massive update approaches
Cycle 5: Shroud of Fear starts 11 March
New industries, ecosystems, infrastructure, and combat systems arrive across the Frontier.
Manufacture the Shells you inhabit, explore evolving Orbital Zones, build and defend shared infrastructure, and adapt to a more dangerous galaxy.
https://t.co/lE3ChWWLpc
Full Details 👇
@NoCrust_@SolportTom If you think about it, I think that's exactly what they want: to buy 300k worth of Totem currency at a low point and burn it. It might make the chart look insane, but nothing justifies the lack of clarity with the currency's investors. That's a big mistake.
Our latest experiment in trying to find the best way to utilise the current structure of the trenches in the best way possible.
Had a lil snag with the buy back system ( crashed) but it’s up and running now and buys are being processed.
excited to see how this update plays out. 🫡
Introducing the next update to BONKERS:
All tokens launched under BONKERS will now automatically use 100% of their creator fees to buyback the token.
More details below 🧵👇
@GraphiteProto
🚨 ATTENTION 🚨
The $GP wallet has already surpassed $2M USDT 💰
Nearly 1M $GP accumulated
👉 Generating ~$28,000 in DAILY fees, exclusively for BUYBACKS
This is not a promise.
This is real buying pressure.
🚀 $GP is about to turn into a rocket
#Crypto#DeFi #Altcoins #Bullish @SolportTom@solana
@GraphiteProto
🚨 ATTENTION 🚨
The $GP wallet has already surpassed $2M USDT 💰
Nearly 1M $GP accumulated
👉 Generating ~$28,000 in DAILY fees, exclusively for BUYBACKS
This is not a promise.
This is real buying pressure.
🚀 $GP is about to turn into a rocket
#Crypto#DeFi #Altcoins #Bullish @SolportTom@solana
Treasury & Buyback Update:
Over the last 30 days, the Graphite ecosystem has generated over $2.2M in revenue, continuing to grow market share and strengthen the platform. While automated buybacks are still being finalized following recent upgrades, the treasury has remained active. At current market levels, which we believe doesn't reflect the current reality of the business,
Recently the team has purchased 600,000 $GP OTC from whales who wanted out of the project at an average price of $0.32/$GP.
Today, Graphite holds approximately:
1. More liquid cash than current circulating marketcap which can be used to fuel growth and make sure we can survive for years to come.
2. Millions more in GP tokens accumulated via buybacks
3. A rapidly growing revenue base driven by platform adoption
Our priority remains long-term value creation: reinvesting profits intelligently, strengthening the treasury, increasing GP ownership of the ecosystem, and continuing buybacks as systems finalize.
We are encouraged by the platform's performance and believe current market does not reflect the fundamentals.
Updates on automated buybacks and treasury initiatives will be shared as the new systems go live.
— Graphite Protocol Team
The next BONK x WLFI x Raydium Axiom trading competition round is now live. Claims for the previous round will be live shortly.
We have added a minimum hold time for calculating PnL for the leaderboard. Sniping and dumping tokens immediately will no longer have an advantage.
We are actively iterating and will evaluate effectiveness. Other adjustments are in testing and may be added to future leaderboards.
Thanks everyone for your participation!
The biggest bull case for usd1 pairs imo is that when $SOL goes down the price of the pairs aren’t automatically dragged with it.
Fundamentally makes pairs more stable.
Just a reminder, Last week we did two major updates to @bonkfun
You now have two options when you deploy a coin.
Option A - classic mode, no creator fees no cto fully compounded into LP.
Option B - bonkers, 50% lower fees than the competition and a 10x improvement in creator comp than before making it competitive for real creators.
Imo Classic mode is super ideal for classic memes, normal memes don’t really need someone getting paid a bag, it requires pure autistic belief between a collective of individuals.
Bonkers is more ideal for coins that require fees think like tech coins, creator coins, charity coins etc.
Of course anyone can deploy whatever they want on either traders will bid whatever they think is best.
but it was a pretty large infrastructure update laying the ground work for the future.
We’ve been working on stopping bundles and multi wallets from raping coins, we have a pretty large update otw with the goal of ending bundles for good.
If there’s one thing we want to be known for this year it’s shipping things that actually make things better.
Of course none of this matters if there’s no fuck you runners so I will be getting fully active again and doing whatever it takes
Excited to be working with Axiom on a new trading program.
We are entering ship season. All the hard work the devs have been putting in the past months at the finish line.
last week was the new creator system, this week is Axiom + more.
Stay tuned.
Ok, it’s time to officially step back into the trenches. We’ve been working fucking hard these past few months on how to be competitive and how to achieve results again.
Last week, we changed our system to fix core issues with creator fees. This week, we’ve officially teamed up with Axiom to up our game even further starting with $200,000 per week being given to the top traders on USD1 BONKfun pairs each week.
Let’s run it back. It’s go time.
We’ve been in the lab behind the scenes for a while now, working on a full revamp of @bonkfun.
This update opens the door to a lot of new opportunities. One of the most impactful changes under the hood is a complete overhaul of creator rewards and how we realize fees from claims postmigration.
The revamped codebase now allows us to claim and realize USD1 only, instead of USD1 + an SPL token. This change cleanly isolates fee claims away from the LP itself, making LPs much stronger and preventing fees from being exposed to compounding effects which a huge difference for creators on @bonkfun.
And this is just part one of a much larger series of updates we have lined up.
It’s been a busy few months. 🫡
To address some of the questions we have been getting over the past few weeks.
1st and foremost, we are glad to see the recent uptick in revenue and volume on @bonkfun.
This is Graphite’s sole focus at the moment, and we are excited to see some of the reactions to things we have been working on with our partners.
The main question we have been getting is around buybacks, so let’s make this absolutely clear. 7.6% of all revenue from bonk fun is currently earmarked for buybacks of $GP, this has not changed, but it's also true that we have not been actively deploying these buybacks on the market for the last month. So just for the sake of clarity, all funds accumlated in the last month will be retroactively deployed into buying $GP as well as any revenue generated from this point forward.
We are aware that the $GP website has become a little outdated. We will work on updating it and making changes to ensure tracking happens in real time and is fully automated. This will be released after the next set of platform updates, as those are our priority. We are excited to start 2026 strong, and we feel it will be our best year yet as both a platform and a company.
More to come. 🍾