Post
Topic
Board Tokens (Altcoins)
Re: [ANN][IDO] Boopsy: a token that rewards holders of BOOP with more BOOP
by
Boopsy
on 24/02/2021, 10:39:37 UTC
"Boopsy is a smart contract that awards more BOOPs to holders of BOOP until there are no more BOOPs to be given." - What will happen next when maximum supply of 100 millions will be reached? On the webpage it is mentioned that "no more BOOP will be created", but how then you are going to distribute rewards to holders? You will just swap BOOP to a new token and start all over again?

Spot on. When 100m BOOPs are paid out, there will be no more payouts going forward. If there is demand for continued payout structure, I'd likely create a new version that allows existing holders to swap their existing BOOP in (perhaps the earlier you swap, the better rate you get?)