SpookyToken

BOO

Spookyswap is the governance and revenue-share token for the Spookyswap exchange.

Risk Rating
Best
$1.59
-4.09%
Summary
What we like
BOO is the governance and revenue-share token that earn a portion of platform fees on Spookyswap.
What we like less
Governance with BOO is mainly performed off-chain via Snapshot and limited to liquidity pool emissions.
What it means for you
Staking BOO enables you to earn a portion of trading fees earned by the decentralized exchange.
Information
Blockchain
  • Fantom
Key Metrics
  • Market Cap: $15.8M
  • Fully Diluted Valluation: $21.7M
  • FDV / MC: 1.4
  • Ranking inside Exponential (excluding stables): #89
  • Circulating Supply: 9,915,805
  • Total Supply: 13,656,939
  • Total Supply: 13,666,000
  • Volume (24H): $429.8K
  • ATH: $39.97 (01/16/2022)
  • ATL: $0.29 (09/28/2023)
Risk Assessment
Best
Asset Strength

BOO is a low-cap asset that represents the blockchain`s native currency or monetary fee used to execute transactions on the network. This asset is exposed to the underlying risks of Spookyswap, a protocol rated as Watch out.

Asset Tokenomics

BOO has a fixed supply.

Asset Volatility

BOO is moderately correlated to the overall market.

Dependencies

SpookySwap

Things to know about BOO

What is BOO used for?

BOO is the governance and revenue-sharing token for the Spookyswap exchange. Stakers receive a portion of platform fees in BOO. The token can be used to vote on farming rewards via Snapshot, a DAO governance platform.

BOO tokenomics

The max supply of BOO is ~13.666M tokens. The initial supply minted 20% of the total supply and was distributed as follows: 7% to community airdrops, 5% to locked developer funds, 4% to BOO single stake initial farm offering (IFO), 2% to initial DEX offering (IDO), and 2% to new BOO bonus. The remaining supply will be minted over three years with the emissions distributed as follows: 72.7% reserved for LP farm rewards, 5.3% for developers, and 2% for the DAO.

How does BOO accrue value?

BOO is the governance token for Spookyswap and collects a portion of protocol fees. BOO stakers (xBOO) earn a portion of trading fees (0.03% of every trade). The staking pool takes the collected fees and market buys BOO and distributes to xBOO holders.

BOO Pools
Spookyswap FTM-BOO Market Making
30.9%
Yield
$4M
TVL
Risk
B
Protocol
SpookySwap
Chain
Fantom