# Token Incinerator Program
The Token Incinerator Program can help tokens burn their supply while trading any coin on Bonkbot using a customized Bonkbot referral link.
The best part? It doesn't matter if you're using a new or an existing Bonkbot account!
> [**Click Here To Start Trading With the FASTEST Solana Trading Bot Now!**](https://t.me/bonkbot_bot?start=ref_jxiee)
Tokens are on fire, yo!
## **How Does It Work?**
If the token is approved to participate in the Token Incinerator Program, Bonkbot Team will provide the token with a custom Bonkbot telegram referral link.
When clicked, it applies a tag to the BONKbot user so that any time they trade, a portion of their fees will go to buying and burning this coin.
* New user? 20% of your trading fees will incinerate your favourite coin, forever.
* Existing user? 10% of your fees will go into the incinerator, and 10% will continue to go to the OG referrer
For example: Token "A" Team contacts Bonkbot Team and asks to participate in the Token Incinerator Program. After the discussion, the token is approved and Token "A" is provided with a custom Bonkbot telegram link that will collect fees from the traders using it and use those fees to buy and burn Token "A".
At any time, you can click a different link which will apply a new tag and you will be able to burn a different coin. You have full freedom over which coin you choose to burn.
## **Why Should I Burn My Token Supply?**
Generally speaking, burning supply is seen as bullish because it makes the remaining supply more valuable.
This follows the principle of Supply & Demand: if there's less supply of tokens in circulation when the demand stays the same (or increases), it will cause scarcity of the token; hence the token pumps its price.
## **Do I Need To Use a New Bonkbot Account On Each Token So It Collects My Fees?**
No. Whether you are new to Bonkbot or you have been trading for a while using Bonkbot, you can use the token's custom referral link and it will collect the fees!
## **How Can I Apply to the Token Incinerator Program?**
Please contact King on [telegram](https://t.me/Defiazog) for further discussion.
> ⚠️⚠️**Warning, DO NOT search the username on telegram and ONLY USE the link provided here instead. There are too many impersonators**⚠️⚠️
Here's a list of some tokens that are participating in Bonkbot's Token Incinerator Program
* $BERN:
* $POPCAT:
* $CHAD:
* $WEN:
* $WYNN:
* $GECKO:
* $USEDCAR:
* $CHONKY:
* $PONK:
* $SILLY:
* $WUT:
* $KPOP:
* $USDC:
* $HARAMBE:
* $DWH:
* $MOUTAI:
* $PHTEVEN:
* $STAN:
* $SLERF:
* $DOLAN:
* $DONK:
* $ARABCAT:
> [**Click Here To Start Trading With the FASTEST Solana Trading Bot Now!**](https://t.me/bonkbot_bot?start=ref_jxiee)
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