🔨Are You A Builder? #BuildOnBoom

$BOOM’s Tokenomic Model allows other builders to create tools that further support the community tokens by integrating $BOOM into their projects.

By incorporating a Proof-of-Burn mechanism (burning $BOOM in the process), builders can create a unique incentive while driving up $BOOM’s scarcity and value. This approach rewards builders by instantly connecting them into BOOMTOWN’s community, potentially increasing both user adoption and revenue.

Buy & Burn Mechanics:

• Builders can create protocols or features that burn $BOOM, contributing to its deflation and value. To facilitate this, BOOMTOWN offers buy & burn smart contracts.

• Builders can set a small protocol fee, like XNT, that fuels $BOOM burns, attracting users and driving token scarcity. These contracts can be copied or used directly to send fees into the buy & burn process for $BOOM, seamlessly handling the transactions for the builder.

• Builders have the flexibility to copy and adjust these fees, balancing token burns with user incentives to drive adoption.

• Builders can generate real yield by sharing a percentage of protocol fees with users who stake or burn $BOOM for their project. This model rewards both the builder and the community, as participants earn a sustainable yield in crypto, creating a “blue-chip” appeal for the project.

Need some inspiration on what to build? Check out "What Should I Build?"