Boop helps to launch memecoins on solana and handing out rewards.
The core thesis stemmed from us noticing that one segment of users would continuously buy the top and then get dumped on. Friends that shared CAs and used you as exit liquidity. Sound familiar? If all the small fish get eaten, then the sharks/whales also leave and the entire pool dies.
Our solution to fix this was simple: create a way to get exposure to all newly launched tokens without ever needing to buy them. Well by staking a platform token of course.
These users clearly had capital to spend and gamble, why not give them a different option.
After launch, $BOOP stakers will continuously receive: • 5% of the total supply of all newly graduated tokens launched on boopdotfun and • 60% of all SOL fees from token LPs
So now we have a way to keep loyal users in the ecosystem, but now we needed an incentive for people to launch tokens on the platform.
We didn’t overthink this part - the easiest way has always been to just to pay them. In tokens nonetheless.
