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Monday, February 6, 2023

BossDao Coin (BOSS) Coin Guide & Detailed Review

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About BossDao Coin

BossDao Coin is achieved due to a 1% tax on all BOSS transactions. When the treasury reaches 40BNB, 8BNB will be buyback to burn the BOSS, and the remaining 32BNB will be automatically sent to the investment treasury address. A decentralized governance organization that will make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and more. BOSSDAO membership is open to all BOSS holders. BOSS is the tradable and liquid token of BOSS DAO, transacting BOSS will contribute to the protocol by filling the DAO treasury slowly, to fund investments into decentralised technologies.

BossCoin DAO membership is open to all BossCoin holders, BOSS NFT, ZUCK Statue of Liberty and ZUCK MAX NFT holder. BossDao Coin is an Bep-20 governance and utility token used within the BOSS ecosystem to empower a decentralized community building at the forefront of web3. The BOSS Improvement Proposal Process (see Governance) will allow BossCoin DAO members to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond.

BossDao Coin (BOSS) Point Table

Coin BasicInformation
Coin NameBossDao Coin
Short NameBOSS
Circulating SupplyN/A
Max SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

What is BOSS Token Allocation?

When you stake your BOSS into the DAO, you are given dBOSS, this can be swapped back at any time into the amount of BOSS you staked originally. Staking BOSS is a simple process. Navigate to the “Stake BOSS” page on the BOSS app (bossdao.net). From here, enter the amount of BOSS you wish to stake, Approve the transaction, and then complete the Deposit transaction.

BossDao Coin is the tradable and liquid token of BOSS.DAO. Transacting BOSS will contribute to the protocol by filling the DAO treasury slowly, to fund investments into decentralized technologies. This is achieved due to a 1% collection on all BOSS transactions that goes straight to the DAO. dBOSS is just the “proof of stake token” for BOSS.

Board

A special council on the BOSS Foundation (the DAO’s “Board”) provides, at the behest of the BossCoin DAO members, oversight of the Foundation administrators. The purpose of the Board is to administer DAO proposals and serve the vision of the community. It meets on proposals requiring administrative review under BossCoin DAO rules. The initial Board serves a term of six months, after which DAO members will vote annually on Board members. The board members of the BOSS DAO are elected by the owners of the BOSS Foundation.

The Boss Foundation

The BOSS Foundation is the steward of BossCoin. It is not an overseer, but the base layer on which BossCoin holders in the BossCoin DAO can build. The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the BossCoin DAO, and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community’s ideas have the support they need to become a reality.

Why Choose BossDao Coin?

The goal of the BOSS Foundation is to steward the growth and development of the BOSS ecosystem in a fair and inclusive way. It utilizes the Ecosystem Fund, which is controlled by a multisig wallet, to pay its expenses as directed by the BossCoin DAO and provides an infrastructure for BossCoin holders to collaborate through open and permission less governance processes.

All BOSS Foundation members, ZUCKDAO Foundation Statue of Liberty holders and the top 50 dBOSS holders. Interest objects cannot vote on their own proposed projects, which balances interests and power well. All MAX holders also have voting rights with other dBOSS participants.

Where Can You Buy BossDao Coin (BOSS)?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest GSI/WBNB.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include GSI/WBNB And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

BossDao Coin Market Screenshot

BossDao Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support BossDao Coin. Here Is Example Of Wallet Which BossDao Coin – Trust Wallet For Hardware Ledger Nano.

FAQ Of BossDao Coin

Where I Can Find BossDao Coin Whitepaper?

You Can Find BossDao Coin Whitepaper By Clicking Here.

Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – PancakeSwap (V2).

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is N/A.

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Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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