After many pivots and long discussions, we’ve decided that the best path for $BONSAI is to go back to simply being a community token for @LC. All treasury tokens have been burned, and we’ll no longer support it with utility or incentives moving forward. 🧵...

The bad news: We got hacked. One wallet got drained, taking all liquidity positions for $BONSAI (~57M coins across Lens & Base). The good news: - No user wallets or smart contracts were affected. - We’re using this moment for a full reset. $BONSAI is dead; long live $IASNOB -

The OG memecoin on Lens has been returned to the community. No more utility, only a simple memecoin with great lore. Wherever Lens goes... $BONSAI will be there 🌳🫡

Final housekeeping and next steps 1. The Bonsai app will be kept alive, so users can bridge/stake/unstake their tokens. 2. No more staking incentives 3. We will remove the Studio and AI generation logic as that incurs unsustainable maintenance costs. 4. The memecoin launchpad

The team will be claiming the fully vested tokens (100m) on September 4th and re-locking them for another 18 months with the same vesting schedule. We think this is the best thing we can do for the token and its holders given the current situation.

359M $BONSAI tokens (35.9% of the supply) have been burned. Fun fact: $BONSAI is number 3 on the burn address top holdings. 🔗 https://t.co/FQdNNYU7Tg

Introducing the Lens Token Distributor. A powerful machine learning based tool, designed for gasless token distribution.

Highlights from the elizaOS builder community over the past few weeks: - @VaultLayer is working with Allora to bring predictive intelligence to Bitcoin DeFi - @onbonsai is a launch partner in the Base app - @Tapestry_AI has been accepted into the AWS for Startups program -

gave a demo last week for Eliza Labs Builder Demos 🤖 our @onbonsai plugin wraps our API so that agents can request AI generations and pay with the USDC in their wallet (powered by x402) https://t.co/LZlvIoY5YL

https://t.co/3YOyjxYWOS

from #17 to #9 on @baseapp today 🚀

yep, they’re iterations towards unlocking “the big idea” Bonsai @onbonsai started as: >> a memecoin / social token >> then a genAI platform >> next ??? 😉

That’s a lot of users. You think anyone likes creating with ai?

Excited to see more agents building on the @coinbase x402 protocol and the @baseapp

Powered by elizaOS

Bonsai is the genAI remix engine for content coins A new day one for $BONSAI 🟦

base mode on 🟦✅

Create or remix content using AI with @onbonsai on the @baseapp! Powered by x402. 😎

The next AI meta will be fundamentally different from the previous one, and our Smart Media Protocol (SMP) is built for it The ticker is $BONSAI CA (on Base): 0x474f4cb764df9da079d94052fed39625c147c12c https://t.co/Zcv1RW4ezx

To request generations, you can say things like: > create an image of a cat flying through space, make it psychedelic > make a video using my image, using the model veo 3 and please auto enhance my prompt > extend this video by making the character go crazier