Boosted Finance

Boosted Finance

BOOST
$0.381275344

Key Metrics

Price$0.381275344
Real Volume (24H)$0
MarketcapN/A
Fully Diluted Valuation$17,283.3
ATH$518.86
ATH Date9/3/2020, 10:16:39 PM
ATL$0.000000194874
ATL Date4/13/2022, 3:43:33 PM
Circulating Supply63K
Total Supply99K
WebsiteN/A
WhitepaperN/A
Popularity Rank6608
Chart
What is Boosted Finance?

Boosted Finance aims to provide a unique blend of decentralized technology and DeFi to offer an equally fair entry barrier for all participants, democratic governance, perpetual network effects, and economic theory. Boosted Finance claims to draw inspiration from Yam's elegant protocol design while omitting the rebasing mechanism and implementing the compound effects. BOOST is the governance token for the Boosted Finance treasury, and its value will be entirely dependent on the BOOST community, which is responsible for direction via community voting on-chain.

One of the key features of Boosted Finance is its fair distribution mechanism that incentivizes key community members to actively participate in governance. This mechanism is fully on-chain, enabling decentralized control and evolution from day one. Boosted Finance also offers a governable treasury to reward community members' participation, which further supports stability in the long run. Moreover, Boosted Finance provides a yield-boosting option that works on the compounding effect of money, ensuring long-term prosperity for BOOST holders.

Boosted Finance's staking contract requires 13.37 BOOST locked up to propose a submission, and a voting quorum of 30% of the total value locked up. These requirements ensure that only committed and serious participants are eligible to contribute to the governance process.

Boosted Finance is a promising project that brings together the best features of DeFi and decentralized technology to provide a fair and democratic governance structure. Its fully on-chain governance mechanism ensures transparency and decentralization, providing a level playing field for all participants. The governable treasury further encourages participation from community members, which supports stability in the long run. Additionally, the yield-boosting option offers an exciting opportunity for investors to compound their returns and ensure long-term prosperity for BOOST holders.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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