Page cover image

Inflation and Staking Managment

Inflation and Staking Pool Management

  1. Inflation Control:

    • Fixed Supply Cap: The total supply of Boss Tokens (BOSS) is capped at 100 million tokens. This cap helps control inflation and maintain the token's value over time.

    • Controlled Minting: New tokens will be minted in small, controlled quantities as needed. For instance, an additional 1 million tokens may be minted each quarter based on demand and market conditions. This approach helps prevent excessive inflation.

    • Burn Mechanisms: To counteract inflation, a portion of tokens used in transactions, such as NFT purchases, may be burned. For example, 2% of the tokens spent on NFTs could be burned, reducing the circulating supply and supporting long-term value.

    • Buyback and Burn: 1% of all transaction fees within the ecosystem will be allocated to a buyback and burn mechanism. This means that 1% of the fees collected will be used to repurchase BOSS tokens from the market and permanently remove them from circulation, further reducing supply and supporting token value.

  2. Staking Pool Management:

    • Staking Pool Allocation: 40% of the total supply (40 million BOSS) is allocated to the NFT staking rewards pool. This substantial allocation ensures that ample tokens are available for rewarding stakers and encourages active participation.

    • NFT Purchase Contribution: Each NFT purchase contributes 50% of the transaction amount to the staking pool. For instance, if an NFT is purchased for $20 worth of BOSS tokens, $10 worth of BOSS tokens (50% of the transaction) will be added to the staking rewards pool.

    • Sponsored NFTs: All revenue from sponsored NFTs will contribute 90% of the funds in Boss Tokens to the staking pool. This ensures that additional funds are consistently added to the pool, supporting long-term staking rewards.

    • Service and Partnership Contributions: For every service sold and partnership entered into, 50% of the revenue will be directed into the staking pool. This further increases the funds available for rewards and supports the sustainability of the ecosystem.

    • Dynamic APY Adjustments: The Annual Percentage Yields (APY) for staking are flexible and will be adjusted based on NFT availability, market cap, and overall token circulation:

      • Basic NFT: 500% APY

      • Enhanced NFT: 5000% APY

      • Elite NFT: 20000% APY

    • Re-Staking Opportunities: Users can re-stake their rewards or additional tokens at any time, allowing them to benefit from compounding interest and enhancing the overall health of the staking pool.

  3. Community Assurance:

    • Transparency: Regular updates on the status of the staking pool, token minting, burn activities, and contributions from NFT sales, services, and partnerships will be provided to the community.

    • Audits: Independent audits will be conducted to ensure compliance with the tokenomics and staking pool management practices, building trust and accountability.

    • Sustainable Model: The combination of a fixed supply cap, controlled minting, burn mechanisms, buyback and burn strategies, and effective management of staking contributions through NFT purchases, sponsored NFTs, and service revenue ensures a sustainable and thriving ecosystem.

These measures are designed to manage inflation effectively and support a robust staking pool, ensuring long-term stability and rewards for all participants in the BossFusion ecosystem.

Last updated