Bonfire is a community orientated, frictionless, yield generating contract based on the Binance Smart Chain. The project is based on an RFI tokenomic model that takes a 5% fee on every transaction that is proportionally redistributed to all holders of the Bonfire token, and another 5% fee that goes into the liquidity pool to provide additional security for token holders.
The project maintains the long-term goal of launching a decentralised social media platform, providing a space for NFT sales and sharing, as well as other utilities and sub-projects that are yet to be announced.
