BonkDAO plans to destroy 1.69 trillion BONKs, worth about $54.52 million, as part of the community festival "BURNmas" to increase the scarcity of BONKs. The upcoming destruction accounts for nearly 1.8% of the total supply of BONKs (about 92.70 trillion). Officials said that these tokens will be destroyed later through BonkDAO multi-signature voting.